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    Property profile & analytics

    238 12th St Reading, PA 19604

    • Office buildings
    • 3,051 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $155,000
    Last Sale
    Sep 14, 2022
    $142,500
    Location Intelligence
    Property ID
    US73-1327113
    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

    • Vault531Studio LLC / Recording Studio
    • JirehCleaningServicesInc / Commercial Cleaning Service / House Cleaning Service

    Property Details for 238 12th St

    Year built
    1955
    Lot size
    0.08 lot acres
    Property size
    3,051 SF
    Property type
    Office buildings
    APN
    5317-70-11-5893
    APU
    531770115893

    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
    -75.9143
    Latitude
    40.3396
    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
    $2,872
    $14,000
    $94,500
    $108,500
    -
    $14,000
    $94,500
    $108,500

    Comparable in this City

    • Value Estimation by Request
      1,716 SF

      1803 10th St

      OFFICE BUILDING • 1,716 SF
      1803 10th St, Reading, PA 19604
      View Details
    • Value Estimation by Request
      1,987 SF

      1146 Elm St

      OFFICE BUILDING • 1,987 SF
      1146 Elm St, Reading, PA 19604-2958
      View Details
    • Value Estimation
      $420,000
      9,119 SF

      1820 11th St

      OFFICE BUILDING • 9,119 SF
      1820 11th St, Reading, PA 19604
      View Details
    • Value Estimation
      $390,000
      15,069 SF

      1800 11th St

      OFFICE BUILDING • 15,069 SF
      1800 11th St, Reading, PA 19604-1507
      View Details
    • Value Estimation
      $265,000
      2,688 SF

      2120 Hampden Blvd

      OFFICE BUILDING • 2,688 SF
      2120 Hampden Blvd, Reading, PA 19604-1380
      View Details
    • Value Estimation
      $275,000
      11,000 SF

      1830 Kutztown Rd

      OFFICE BUILDING • 11,000 SF
      1830 Kutztown Rd, Reading, PA 19604
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Reading Office Space Available

      Office space available for rent in Reading, Pennsylvania.
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    238 12th St
    Reading, PA 19604
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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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