Realmo Analytics

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Property profile

16 Columbia Ave Reading, PA 19606

OFF-MARKET
Bars & Pubs
Property ID
US73-0189313
2,195 SF 0.22 ac lot Built 1955
Last sale Jun 2026 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant space totaling 2,034 square feet of reported size, located at the corner of Carsonia and Columbia Avenues in Lower Alsace Township. It includes interior contents that support established restaurant operations, and it has an outdoor patio area for weather-permitting use. On-site parking is configured for 16 vehicles, with additional street parking available in the surrounding area. The property is sold without a liquor license.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$84k
Assessed land$32k
Assessed improvement$53k
Effective rate1.87%

Value estimate

· Nov 2026
$195k
$176k – $215k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$133/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$37 – $266
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.0
Law Firm12.3
Dental Office11.5

Location

16 Columbia Ave Reading, PA 19606-1317
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5311 Perkiomen, Reading, PA 19606-9600 $2,805,100 Dec 2024 1,867 SF
3058 Saint Lawrence, Reading, PA 19606-2235 $415,000 Nov 2024 1,857 SF
3801 Perkiomen, Reading, PA 19606-2716 $1,050,000 Aug 2024 2,456 SF
1301 Carsonia, Reading, PA 19606-1006 $155,000 Dec 2022 1,930 SF
1600 Cotton, Reading, PA 19606-2514 $80,000 Sep 2021 2,108 SF
3853 Perkiomen, Reading, PA 19606-2716 $180,000 Nov 2020 2,776 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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