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    Property profile & analytics

    2228 Perkiomen Ave Reading, PA 19606-1830

    • Investment properties
    • 2,709 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    May 26, 2020
    Location Intelligence
    Property ID
    US73-1191669
    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

    • Binkley Jr Real Estate / Real Estate Rental Agency

    Property Details for 2228 Perkiomen Ave

    Year built
    1935
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    2,709 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5316-08-77-6555
    APU
    531608776555

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.8929
    Latitude
    40.3275
    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
    $3,946
    $53,600
    $77,700
    $131,300
    -
    $53,600
    $77,700
    $131,300

    Comparable in this City

    • Value Estimation
      $355,000
      4,568 SF

      3611 Perkiomen Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,568 SF
      3611 Perkiomen Ave, Reading, PA 19606-2712
      View Details
    • Value Estimation
      $305,000
      7,259 SF

      2120 Perkiomen Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,259 SF
      2120 Perkiomen Ave, Reading, PA 19606-1817
      View Details
    • Value Estimation
      $215,000
      1,200 SF

      3 Christman Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      3 Christman Rd, Reading, PA 19606-9307
      View Details
    • Value Estimation by Request
      5,088 SF

      501 Carsonia Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,088 SF
      501 Carsonia Ave, Reading, PA 19606-1520
      View Details
    • Value Estimation
      $260,000
      4,600 SF

      2128 Perkiomen Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,600 SF
      2128 Perkiomen Ave, Reading, PA 19606-1865
      View Details
    • Value Estimation by Request
      4,189 SF

      3601 Perkiomen Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,189 SF
      3601 Perkiomen Ave, Reading, PA 19606-2712
      View Details

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      Land Available For Ground Lease

      0.5 acre commercial land with utilities and high traffic.
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    2228 Perkiomen Ave
    Reading, PA 19606-1830
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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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