Property profile

2800 Ctr Ave Reading, PA 19605

OFF-MARKET
Office buildings
Property ID
US73-5708256
85,964 SF 44.78 ac lot Built 1955
Individually Owned Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Total area 85,964 SF
Lot 44.78 ac (1,950,617 SF)
APN 5308-11-55-3344
UPID US73-5708256

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
  • Electric Utility Company

Location

2800 Ctr Ave Reading, PA 19605-2459
Reading metro Census 12701 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.82M
Comparable Approach Comparable
$14.63M
Blend (final) Blend
$12.03M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $14.2M +64.9%
Warehouse, storage $13.4M +55.5%
Restaurant $11.4M +32.5%

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
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