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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Auto shops
125 Morgantown Rd Reading, PA 19611-1957
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0129182
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1974
Total area
6,546 SF
Lot
1.13 ac (49,223 SF)
APN
5306-51-75-6458
UPID
US73-0129182
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Reading CB Shop Electronics & Wireless Store
-
Reading Education Association Association / Organization
-
Enterprise Rent-A-Car Car Rental Facility
-
Pillar Lounge Bar & Pub (Bike/Boat/Book/etc) Store
-
Jul's Creative Concept Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$995k
Owner & transaction history
Wise Choice Properties LLC · 3 yrs held
Wise Choice Properties LLC
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+75.9%
Restaurant
$870,000
+41.4%
Office building
$660,000
+6.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$615,000
Current use
MEDICAL BUILDING
$1,085,000
Change: +76% · Conversion: Difficult
RESTAURANT
$870,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $950k (Sep 12 2022)
Last sale anchor
$950k
Sep 12 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,188
Tax year 2024
Assessed value
$309,300
Assessed 2024
Previous assessed
$309,300
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$80,900
Assessed improvement
$228,400
Land market value
$80,900
Improvement market value
$228,400
Total market value
$309,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
6,546 SF
Lot
1.13 ac (49,223 SF)
APN
5306-51-75-6458
UPID
US73-0129182
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$615,000
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$870,000
OFFICE BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Wise Choice Properties LLC
Entity
Mailing address
1911 BIRCHWOOD ST, EAST EARL, PA 17519-9793
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
$950,000
Wise Choice Properties LLC
Ctf Enterprises LP
Deed
$807,500 · Ctf Enterprises LP
Dec 9, 2019
—
Ctf Enterprises LP
—
Deed
related
$500,000 · Citadel FCU
Nov 12, 2008
$655,000
Ctf Enterprises
Dcp Investment Properties LLC
Grant Deed
$524,000 · Susquehanna Bank
Mar 26, 2004
$265,000
Dcp Investment Properties LLC
Foul Wind INC
Grant Deed
$375,000 · Blue Ball National Bank
Dec 4, 2003
$22,000
Foul Wind INC
Undheim,doris E
Grant Deed
$31,500 · Patriot Bk/s Tipton
Sep 16, 2003
$30,000
Foul Wind INC
Vision Builders Group INC
Grant Deed
—
May 14, 2003
$42,000
Vision Builders Group INC
Foul Wind INC
Grant Deed
$112,500 · Liberty Svgs
Feb 9, 2001
$248,000
Foul Wind INC
Medi-car Center INC
Grant Deed
$250,000 · Patriot Bk/s Tipton
—
—
Dcp Investment Properties LLC
—
Deed Of Trust
related
$100,000 · Susquehanna Patriot Bank
—
—
Foul Wind INC
—
Deed Of Trust
related
$312,000 · Patriot Bk/s Tipton
—
—
Foul Wind INC
—
Deed Of Trust
related
$70,000 · Patriot Bk/s Tipton
—
—
D C P Investment Prope Ll
—
Deed Of Trust
related
$220,000 · Susquehanna Patriot Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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