Technical
Financial
Distress signals
Property profile

2396 Lancaster Pike Reading, PA 19607

OFF-MARKET
Retail space
Property ID
US73-2311184
6,472 SF 4.66 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 6,472 SF
Lot 4.66 ac (202,990 SF)
APN 4395-05-07-3800
UPID US73-2311184

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

2396 Lancaster Pike Reading, PA 19607-2373
Reading metro Census 11602 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.01M
Comparable Approach Comparable
$503k
Blend (final) Blend
$285k

Owner & transaction history

since 2026
Last sale
$810,000
1 recorded transaction
2026
$810,000

Zoning & alternative use

Top alternative use upside
Medical building $1.1M +182.0%
Restaurant $860,000 +126.6%
Office building $650,000 +71.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2396 Lancaster Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message