Technical
Financial
Distress signals
Property profile

1235 Lancaster Ave Reading, PA 19607

OFF-MARKET
Grocery and convenience stores
Property ID
US73-1654632
3,426 SF 0.57 ac lot Built 2003
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2003
Total area 3,426 SF
Lot 0.57 ac (24,829 SF)
APN 5306-18-22-5022
UPID US73-1654632

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Grocery & Convenience Store
  • Atm Currency Exchange Service
  • Restaurant
  • Take-out & Catering

Location

1235 Lancaster Ave Reading, PA 19607-1613
Reading metro Census 2700 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$845k
Blend (final) Blend
$1.14M

Owner & transaction history

since 2022
Last sale
$1.2M
2 recorded transactions
2022
$600,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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