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Property profile & analytics
OFF-MARKET
Banks
15 6th St Reading, PA 19601-3505
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-5612337
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1975
Total area
12,952 SF
Lot
0.1 ac (4,356 SF)
APN
5307-83-80-4375
UPID
US73-5612337
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
-
Boss Lady Beatz LLC Hair Salon Nail Salon
-
Paulino Home Healthcare Home Health Care Service
-
A Boss Lady Bail Bonds Law Firm
-
Age In Place Home Care - Reading Home Health Care Service
-
Ashley Multi-Services, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kng Equity Reading LLC · 6 yrs held
Kng Equity Reading LLC
since 2020
Last sale
$325,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,380
Tax year 2024
Assessed value
$354,300
Assessed 2024
Previous assessed
$354,300
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$71,500
Assessed improvement
$282,800
Land market value
$71,500
Improvement market value
$282,800
Total market value
$354,300
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 Sale
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1975
Heating
NONE
Stories
2
Total area
12,952 SF
Lot
0.1 ac (4,356 SF)
APN
5307-83-80-4375
UPID
US73-5612337
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
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Kng Equity Reading LLC
Entity
Mailing address
PO BOX 235, TIMONIUM, MD 21094-0235
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2023
—
Kng Equity Reading LLC
—
Deed
related
$1,100,000 · Centric Bank
Oct 27, 2021
—
Kng Equity Reading LLC
—
Deed
related
$200,000 · Boaz Properties LLC
Jul 24, 2020
$325,000
Kng Equity Reading LLC
Kashi Real Estate LLC
Grant Deed
$700,000 · Boaz Properties LLC
Jun 1, 2005
$300,000
Kashi Real Estate LLC
Sovereign Bank
Grant Deed
—
May 25, 2000
$495,000
Enciso,rodrigo Etal
Gladstone,ted S
Grant Deed
$300,000 · Main Street Bk
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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