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    Property profile & analytics

    1241 Muhlenberg St Reading, PA 19602-2069

    • Warehouses
    • 5,252 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Oct 09, 2024
    $60,000
    Location Intelligence
    Property ID
    US73-1826903
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1241 Muhlenberg St

    Year built
    1950
    Lot size
    0.14 lot acres
    Property size
    5,252 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    5316-30-18-9242
    APU
    531630189242

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9133
    Latitude
    40.3297
    CBSA code
    39740
    CBSA name
    READING, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $601
    $16,000
    $6,700
    $22,700
    -
    $16,000
    $6,700
    $22,700

    Comparable in this City

    • Value Estimation by Request
      8,245 SF

      412 13th St

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    • Value Estimation by Request
      3,168 SF

      1214 Weimer St

      MINI-WAREHOUSE, STORAGE • 3,168 SF
      1214 Weimer St, Reading, PA 19602
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    • Value Estimation by Request
      2,543 SF

      1546 Haak St

      MINI-WAREHOUSE, STORAGE • 2,543 SF
      1546 Haak St, Reading, PA 19602
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    • Value Estimation by Request
      1,584 SF

      351 Spg Gdn St

      MINI-WAREHOUSE, STORAGE • 1,584 SF
      351 Spg Gdn St, Reading, PA 19602-1909
      View Details
    • Value Estimation
      $940,000
      3,260 SF

      915 Cherry St

      MINI-WAREHOUSE, STORAGE • 3,260 SF
      915 Cherry St, Reading, PA 19602
      View Details
    • Value Estimation by Request
      3,754 SF

      26 11th St

      MINI-WAREHOUSE, STORAGE • 3,754 SF
      26 11th St, Reading, PA 19602-1257
      View Details

    Similar Nearby for Sale

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      Thriving Business, High Traffic Location
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      Vacant land suitable for residential development or investment.
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      0.03 Acres

      Land For Sale, Reading PA

      Open lot in great location, ideal for building or investment.
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      Canal Street Pub: Turn-Key Opportunity

      Historic Restaurant, Event Space, Liquor License
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    Similar Nearby for Lease

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      Downtown Reading Office Space Available

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      Downtown Reading Office/Retail Building

      Marquis building in downtown Reading with retail/office space.
      450 Penn St, Reading, PA 19602
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    • $3,948 /Mo

      Reading Office Space For Lease

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    1241 Muhlenberg St
    Reading, PA 19602-2069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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