Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2 Penn Ave Wernersville, PA 19565-1629

    • Automotive properties
    • 3,412 SF
    • 1.66 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US73-0852424
    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.

    Current Use by Public Records

    • Automotive properties

    Property Details for 2 Penn Ave

    Year built
    1926
    Lot size
    1.66 lot acres
    Property size
    3,412 SF
    Property type
    Automotive properties
    APN
    4366-11-57-7029
    APU
    436611577029

    Description

    This exceptional commercial property in Wernersville, Pennsylvania, presents a unique investment opportunity. The offering encompasses a prime 1.66-acre lot in the Town Center zoning district, boasting 314 feet of frontage on heavily trafficked US Route 422 (over 16,000 vehicles daily). Two traffic signals and two side entrances (off Werner Street and Stitzer Avenue) provide excellent accessibility. The property's zoning permits a mixed-use development, including restaurants, offices, retail spaces, and residential apartments, subject to a 20-foot front yard setback along Penn Avenue. The site offers outstanding signage opportunities and excellent drive-thru potential. In addition to the land, the sale includes a 25,000 square foot existing building situated directly across Werner Street on an additional 0.74 acres. This building features a former auto showroom, offices, and service garages. The property is located at 2 and 60/74/78 East Penn Avenue, Wernersville, PA 19565 (Tax ID Nos. 90-4366-11-57-7029, 90-4366-11-57-9170, 90-4366-11-67-0038, & 90-4366-11-67-1007). The asking price for this entire property is $3,000,000. This is a truly exceptional location in Wernersville.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $410,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $395,000
      Mixed-Use
      $385,000
      Hospitality
      $380,000
      Educational
      $350,000
      Residential Income
      $355,000
      Energy
      $375,000
      Income-Based Land
      $320,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Wernersville
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.0791
    Latitude
    40.3291
    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
    $4,246
    $244,600
    $31,700
    $276,300
    -
    $244,600
    $31,700
    $276,300

    Comparable in this City

    • Value Estimation by Request
      0.92 Acres

      Pt Rd

      VEHICLE SALES, RENTALS • 0.92 Acres
      Pt Rd, Wernersville, PA 19565
      View Details
    • Value Estimation by Request
      0.47 Acres

      63 Penn Ave

      VEHICLE SALES, RENTALS • 0.47 Acres
      63 Penn Ave, Wernersville, PA 19565
      View Details
    • Value Estimation
      $365,000
      11,528 SF

      23 Penn Ave

      VEHICLE SALES, RENTALS • 11,528 SF
      23 Penn Ave, Wernersville, PA 19565
      View Details
    • Value Estimation by Request
      28,448 SF

      6210 Penn Ave

      VEHICLE SALES, RENTALS • 28,448 SF
      6210 Penn Ave, Wernersville, PA 19565-1657
      View Details
    • Value Estimation by Request
      19,714 SF

      6892 Penn Ave, Unit A

      VEHICLE SALES, RENTALS • 19,714 SF
      6892 Penn Ave, Wernersville, PA 19565-9649
      View Details
    • Value Estimation by Request
      0.25 Acres

      Penn Ave

      VEHICLE SALES, RENTALS • 0.25 Acres
      Penn Ave, Wernersville, PA 19565
      View Details

    Similar Nearby for Sale

    • $2,800,000
      24,500 SF

      Redevelopment Opportunity in Wernersville, PA

      24,500 SF building suitable for redevelopment near Route 422.
      60 E Penn Ave, Wernersville, PA 19565
      View Details
    • $2,850,000

      Wernersville Mixed-Use Investment

      43 Units, High NOI, 15% Cap Rate
      5 Penn Ave, Wernersville, PA 19565
      View Details
    • $739,990
      17.53 Acres

      Land in Wernersville, Pennsylvania

      Two connected land parcels totaling 23.56 acres in Wernersville, PA.
      Cushion Peak Rd, Wernersville, PA 19565
      View Details
    • $2,850,000
      8,000 SF

      Wernersville Multi-Family Investment

      Historic 42-Unit Building, High NOI
      5 Penn Ave, Wernersville, PA 19565
      View Details
    • $1,250,000

      11 Acres on SR 422

      11 acres available with frontage on SR 422.
      6892A Penn Ave, Wernersville, PA 19565
      View Details
    • $173,900

      Refreshed Condo with Vaulted Ceilings

      Bright, updated 2-bedroom condo with new flooring and fresh paint.
      709 Hl Rd Rd, Wernersville, PA 19565
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Penn Ave
    Wernersville, PA 19565-1629
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.