Technical
Financial
Distress signals
Property profile

1820 11th St Reading, PA 19604

OFF-MARKET
Office buildings
Property ID
US73-2259910
9,119 SF 1.17 ac lot Built 1940
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.17-acre commercial property in Reading, Pennsylvania, presents a compelling investment opportunity. Located in the M-C Manufacturing Commercial District at 1820 11th Street, this site boasts 340 feet of road frontage, ensuring high visibility and accessibility. The property includes a substantial 6,000 square foot two-story garage building, featuring integrated office space and a bathroom, ready for immediate occupancy. This versatile structure is well-suited for a variety of commercial or industrial uses. Annual real estate taxes are $4,254. All essential public utilities are readily available. The property's strategic location offers convenient access to major roadways and infrastructure. Note that an adjacent 6.68-acre lot is also available, and both lots wrap around a Wawa convenience store. An active railspur runs between the two lots, further enhancing the property's logistical advantages. This combination of size, existing improvements, zoning, and location makes this property an ideal choice for businesses seeking expansion or a new location in a thriving commercial area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 9,119 SF
Lot 1.17 ac (50,965 SF)
APN 5318-77-00-9398
UPID US73-2259910

Cap rate & NOI

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

Location

1820 11th St Reading, PA 19604
Reading metro Census 500 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2024
Last sale
$432,500
2 recorded transactions
2025
Price N/A
2024
$432,500

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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