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Property profile & analytics
OFF-MARKET
Estimated value
$4,130,000
Commercial real estate
2015 Reading Rd Denver, PA 17517-9168
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US73-2882690
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1950
Construction
FRAME
Total area
35,736 SF
Lot
7.31 ac (318,424 SF)
Zoning code
C-1
APN
080-50026-1-0003
UPID
US73-2882690
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$4.13M
Owner & transaction history
6044 Denver Assoc · 26 yrs held
6044 Denver Assoc
since 2000
6 recorded transactions
Zoning & alternative use
C-1 · Denver, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.13M
Range $3.72M – $4.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$42,133
Tax year 2024
Assessed value
$1,691,500
Assessed 2024
Previous assessed
$1,691,500
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$449,100
Assessed improvement
$1,242,400
Land market value
$449,100
Improvement market value
$1,242,400
Total market value
$1,691,500
Applied tax rate
80.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Total area
35,736 SF
Lot
7.31 ac (318,424 SF)
Zoning code
C-1
APN
080-50026-1-0003
UPID
US73-2882690
Jurisdiction
LANCASTER
Zoning & alternative use
C-1 · Denver, PAZoning C-1 · permitted uses
C-1 · Denver, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Lot
7.31 ac
Current owner
From public records · entity-resolved
6044 Denver Assoc
Individual
Mailing address
2015 N READING RD, DENVER, PA 17517-9168
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2022
—
Jai Jalaram Care LP
—
Deed
related
$1,325,000 · James N Clymer
Oct 1, 2018
—
Jai Jalaram Care LP
—
Deed
related
$1,040,000 · Bank Of Bird-in-hand
Feb 22, 2000
$940,694
6044 Denver Assoc
Hersha Hospitality LP
Grant Deed
—
—
—
Jai Jalaram Care LP
—
Deed Of Trust
related
$200,000 · Jonestown Bk&tr Co/jonestown
—
—
Jai Jalaram Care LP
—
Deed Of Trust
related
$1,180,000 · Jonestown Bk&tr Co/jonestown
—
—
Jai Jalaram Care LP
—
Deed Of Trust
related
$1,040,000 · Bank Of Bird-in-hand
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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