Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

216 Lancaster Ave Reading, PA 19611

OFF-MARKET
Auto shops
Property ID
US73-0999306
4,470 SF 0.22 ac lot Built 1980
Last sale Mar 2021 · $290,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$167k
Assessed land$94k
Assessed improvement$73k
Effective rate2.65%

Value estimate

· Nov 2026
$340k
$306k – $374k
AI approach$335k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$57 – $150
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
Tailor Shop9.8
Dry Cleaner9.4

Location

216 Lancaster Ave Reading, PA 19611-1628
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
415 Morgantown, Reading, PA 19611-2060 $200,000 Jan 2026 1,400 SF
240 Crestmont, Reading, PA 19611-1940 $150,000 Apr 2024 4,400 SF
430 Franklin, West Reading, PA 19611-1218 $750,000 Jun 2023 8,787 SF
125 Morgantown, Reading, PA 19611-1957 $950,000 Sep 2022 6,546 SF
230 Highland, Reading, PA 19611-1139 $250,000 Apr 2022 3,000 SF
35 Carroll, Reading, PA 19611 $70,000 Jul 2021 1,429 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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