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Property profile & analytics
OFF-MARKET
Investment properties
2242 Perkiomen Ave, Reading, PA 19606-1830
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0787283
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1913
Construction
FRAME
Total area
3,589 SF
Lot
0.17 ac (7,405 SF)
APN
5316-08-77-8508
UPID
US73-0787283
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
Current use
Occupant on record · Public records
-
Heintz Tax Service Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andrea George · 2 yrs held
Andrea George
since 2023
Last sale
$91,500
7 recorded transactions
Zoning & alternative use
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 Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,129
Tax year 2024
Assessed value
$72,400
Assessed 2024
Previous assessed
$72,400
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$38,700
Assessed improvement
$33,700
Land market value
$38,700
Improvement market value
$33,700
Total market value
$72,400
Applied tax rate
64.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1913
Construction
FRAME
Heating
NONE
Stories
2
Total area
3,589 SF
Lot
0.17 ac (7,405 SF)
APN
5316-08-77-8508
UPID
US73-0787283
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
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
1913
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Andrea George
Individual
Mailing address
231 SUNRISE RD, READING, PA 19606-3745
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2023
—
Andrea George
Joanne V Heintz
Intrafamily Transfer
related
—
Aug 1, 2019
—
Joanne Heintz
—
Deed
related
$93,000 · Bank Of Bird-in-hand
Jun 6, 2012
$91,500
Joanne Heintz
Berkshire Bk
Grant Deed
—
Feb 2, 2010
—
Bk Berkshire
Kemp,gregg A & Mary T
Grant Deed
related
—
Jun 13, 2005
$185,900
Gregg A Kemp
Palmieri,sheila M
Grant Deed
$130,130 · Berkshire Bank
Jun 4, 2003
$128,000
Palmieri,sheila M
Kirn,louis M JR & Janice Y
Grant Deed
$100,000 · Patriot Bk/s Tipton
—
—
Heintz Joanne
—
Deed Of Trust
related
$25,000 · Customers Bank
—
—
Joanne Heintz
—
Deed Of Trust
related
$93,000 · Bank Of Bird-in-hand
—
—
Heintz Joanne
—
Deed Of Trust
related
$50,000 · Customers Bank
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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