Property profile

1741 Papermill Rd Reading, PA 19610

OFF-MARKET
Turn key restaurants
Property ID
US73-5218435
6,203 SF 1.52 ac lot Built 2007
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction FRAME
Total area 6,203 SF
Lot 1.52 ac (66,211 SF)
APN 4397-15-54-7373
UPID US73-5218435

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1741 Papermill Rd Reading, PA 19610-1207
Reading metro Census 11101 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$741k
Blend (final) Blend
$585k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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