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    1640 Perkiomen Ave Reading, PA 19602
    Property profile & analytics

    1640 Perkiomen Ave, Reading, PA 19602

    View on Map

    • Grocery and convenience stores
    • 3,272 SF
    • 0.46 lot acres
    Off-Market
    Property ID
    US73-1444766
    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.

    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    6.9%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1640 Perkiomen Ave

    Year built
    2003
    Lot size
    0.46 lot acres
    Property type
    Grocery and convenience stores
    APN
    5316-32-48-2084
    APU
    531632482084

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 29, 2018 $2,557,355 Realty Income Trust 6 7-eleven INC Grant Deed —
    Feb 27, 2018 $1,357,000 7-eleven INC Sunoco Retail LLC Grant Deed —
    Dec 5, 2016 — Sunoco Retail LLC Atlantic Refining & Marketing Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $470,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $545,000
      6.5%
      $500,000
      7%
      $465,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $641,000
      Market price range: $316k - $642k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9049
    Latitude
    40.329
    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
    $24,608
    $460,000
    $469,500
    $929,500
    -
    $460,000
    $469,500
    $929,500
    More about this property
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