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    Property profile & analytics

    2101 Ctr Ave Reading, PA 19605-2872

    • Office buildings
    • 51,358 SF
    • 4.82 lot acres
    OFF-MARKET
    Value Estimation
    $1,020,000
    Location Intelligence
    Property ID
    US73-3046385
    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

    • Fromm - Electric Supply Counter & Headquarters Office / Electrical Supply Store
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • BCIU Learning Center at The Education Center / Education Center
    • Cash2Bitcoin Bitcoin ATM / Atm

    Property Details for 2101 Ctr Ave

    Year built
    1945
    Lot size
    4.82 lot acres
    Property size
    51,358 SF
    Property type
    Office buildings
    APN
    5308-19-62-5172
    APU
    530819625172

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $965,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,215,000
      6.5%
      $1,140,000
      7%
      $1,190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,395,000
      Geo Method
      $1,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,550,000
      Retail
      $1,195,000
      Mixed-Use
      $1,430,000
      Hospitality
      $1,445,000
      Educational
      $1,445,000
      Residential Income
      $1,140,000
      Energy
      $1,430,000
      Income-Based Land
      $1,120,000
      Food Service
      $1,320,000

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9315
    Latitude
    40.3681
    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
    $26,552
    $495,800
    $1,394,700
    $1,890,500
    -
    $495,800
    $1,394,700
    $1,890,500

    Comparable in this City

    • Value Estimation by Request
      10,455 SF

      5707 Leesport Ave

      OFFICE BUILDING • 10,455 SF
      5707 Leesport Ave, Reading, PA 19605-9799
      View Details
    • Value Estimation by Request
      2,916 SF

      3301 Marion St

      OFFICE BUILDING • 2,916 SF
      3301 Marion St, Laureldale, PA 19605-2209
      View Details
    • Value Estimation by Request
      1,120 SF

      Rte 183

      OFFICE BUILDING • 1,120 SF
      Rte 183, Reading, PA 19605
      View Details
    • Value Estimation by Request
      1,640 SF

      2318 Fraver Dr

      OFFICE BUILDING • 1,640 SF
      2318 Fraver Dr, Reading, PA 19605-2805
      View Details
    • Value Estimation
      $1,945,000
      2,700 SF

      1502 Frush Vly Rda

      OFFICE BUILDING • 2,700 SF
      1502 Frush Vly Rda, Laureldale, PA 19605-1928
      View Details
    • Value Estimation by Request
      12,694 SF

      100 Mckinley Ave

      OFFICE BUILDING • 12,694 SF
      100 Mckinley Ave, Reading, PA 19605-2117
      View Details

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      View Details
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    2101 Ctr Ave
    Reading, PA 19605-2872
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    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
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