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Property profile

2591 Ctr Ave Reading, PA 19605

OFF-MARKET
Retail space
Property ID
US73-5959847
28,696 SF 5.17 ac lot Built 1968
Last sale Sep 2022 · $1,925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a distribution center configured as an income-producing commercial asset, situated as an infill site within a primary business district and dense industrial corridor. It benefits from strong regional roadway access, with traffic volumes noted for nearby Route 12 and Route 61 (91,400 cars/day) and Hwy. 222 access, as well as additional daily traffic down the street (68,782 cars/day). The location is described as adjacent to major retail users (including Lowe’s and BJ’s Wholesale…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$760k
Assessed land$370k
Assessed improvement$391k
Effective rate1.40%

Value estimate

· Nov 2026
$1.84M
$1.65M – $2.02M
Submarket $/SF estimate$1.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$26 – $98

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.6
Law Firm15.9
Garden Center12.3

Location

2591 Ctr Ave Reading, PA 19605-2849
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 Hiesters, Reading, PA 19605-3034 $3,741,014 May 2024 32,275 SF
8380 Allentown, Reading, PA 19605-9228 $625,000 Nov 2023 8,544 SF
2834 5th St, Reading, PA 19605-2419 $275,000 Nov 2022 9,320 SF
755 Hiesters, Reading, PA 19605-3040 $1,800,000 May 2022 35,892 SF
150 Corporate, Reading, PA 19605-1145 $41,425,000 Mar 2022 31,250 SF
3020 Kutztown, Reading, PA 19605-2617 $550,000 Apr 2021 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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