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    Property profile & analytics

    2240th Ridgewood Rd Wyomissing, PA 19610-1167

    • Office buildings
    • 6,480 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-2054666
    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

    • Office buildings

    Property Details for 2240th Ridgewood Rd

    Year built
    1999
    Property size
    6,480 SF
    Property type
    Office buildings
    APN
    4397-14-32-7990-C02
    APU
    439714327990C02

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9781
    Latitude
    40.3435
    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
    $8,771
    $148,500
    $489,600
    $638,100
    -
    $148,500
    $489,600
    $638,100

    Comparable in this City

    • Value Estimation by Request
      22,560 SF

      2763 Century Blvd

      OFFICE BUILDING • 22,560 SF
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    • Value Estimation by Request
      6,276 SF

      16 Commerce Dr

      OFFICE BUILDING • 6,276 SF
      16 Commerce Dr, Reading, PA 19610-1068
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    • Value Estimation by Request
      10,200 SF

      1260 Broadcasting Rd

      OFFICE BUILDING • 10,200 SF
      1260 Broadcasting Rd, Wyomissing, PA 19610-3223
      View Details
    • Value Estimation
      $7,010,000
      39,369 SF

      1040 Park Rd

      OFFICE BUILDING • 39,369 SF
      1040 Park Rd, Wyomissing, PA 19610-1338
      View Details
    • Value Estimation
      $295,000
      14,664 SF

      2650 Westview Dr, Unit A

      OFFICE BUILDING • 14,664 SF
      2650 Westview Dr, Wyomissing, PA 19610-1187
      View Details
    • Value Estimation
      $1,770,000
      3,176 SF

      2210 Ridgewood Rd, Unit B

      OFFICE BUILDING • 3,176 SF
      2210 Ridgewood Rd, Wyomissing, PA 19610-1287
      View Details

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    Wyomissing, PA 19610-1167
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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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