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    Property profile & analytics

    3459 Penn Ave Reading, PA 19608-1143

    • Retail space
    • 8,466 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Last Sale
    Dec 23, 2021
    $515,000
    Location Intelligence
    Property ID
    US73-2868729
    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

    • Aikido West Reading / Martial Arts School
    • HighBrow Beauty Bar / Permanent Make-Up Clinic
    • Karen Madeira / Counselor
    • Tina's Therapeutic Touch Massage Services / Reflexologist / Massage Therapist
    • Styles on the Avenue / Spa / Hair Salon

    Property Details for 3459 Penn Ave

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.67 lot acres
    Property size
    8,466 SF
    Property type
    Retail space
    APN
    4386-10-46-6227
    APU
    438610466227

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $565,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $690,000
      Mixed-Use
      $505,000
      Hospitality
      $615,000
      Educational
      $695,000
      Residential Income
      $530,000
      Energy
      $535,000
      Income-Based Land
      $685,000
      Food Service
      $645,000

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.0114
    Latitude
    40.3262
    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
    $4,093
    $157,900
    $80,900
    $238,800
    -
    $157,900
    $80,900
    $238,800

    Comparable in this City

    • Value Estimation
      $180,000
      2,262 SF

      3446 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,262 SF
      3446 Penn Ave, Sinking Spring, PA 19608-1180
      View Details
    • Value Estimation by Request
      0.25 Acres

      28 Shillington Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.25 Acres
      28 Shillington Rd, Reading, PA 19608-1140
      View Details
    • Value Estimation
      $270,000
      6,374 SF

      5 Old Wernersville Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,374 SF
      5 Old Wernersville Rd, Reading, PA 19608-9406
      View Details
    • Value Estimation
      $485,000
      5,600 SF

      4427 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      4427 Penn Ave, Sinking Spring, PA 19608-8619
      View Details
    • Value Estimation
      $390,000
      15,394 SF

      4052 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,394 SF
      4052 Penn Ave, Sinking Spring, PA 19608-1197
      View Details
    • Value Estimation
      $445,000
      7,504 SF

      3723 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,504 SF
      3723 Penn Ave, Sinking Spring, PA 19608-1176
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,892 SF

      Retail Space in Sinking Spring

      Retail property with high visibility and ample parking.
      4810 Penn Ave, Sinking Spring, PA 19608
      View Details
    • $4,960,000
      13,225 SF

      CVS Pharmacy Investment Opportunity

      High-performing CVS with 11+ years remaining on lease.
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    • Contact for pricing

      Shakespeare Road Corner Lot

      Corner lot with high profile location and zoning flexibility.
      Shakespeare Dr, Reading, PA 19608
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      2,102 SF

      Two Homes in One

      Two-unit property with rental income potential in Wilson school district.
      729 Fritztown Rd, Reading, PA 19608
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    • $950,000
      18,910 SF

      Industrial Property with Two Structures

      Two buildings on 5 acres suitable for light industrial uses.
      800 Mountain Home Rd, Sinking Spring, PA 19608
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      Office Park Redevelopment Opportunity

      Office park with approvals for 48 apartment units.
      2909 Windmill Rd, Sinking Spring, PA 19608
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    Similar Nearby for Lease

    • Contact for pricing
      1,040 SF

      Retail Space in Sinking Spring

      Retail space available in a modern neighborhood shopping center.
      3564 Penn Ave, Reading, PA 19608
      View Details
    • Contact for pricing
      5,400 SF

      Retail Space in Sinking Spring

      Retail space available in a modern neighborhood shopping center.
      3564 Penn Ave, Sinking Spring, PA 19608
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Shillington Plaza

      Retail space available in shopping center anchored by Lowe’s.
      2631-2677 Shillington Rd, Reading, PA 19608
      View Details
    • Contact for pricing
      12,840 SF

      Prime Retail Space in Reading

      Exceptional leasing opportunity with ample parking and easy access.
      172 Shillington Rd, Reading, PA 19608
      View Details
    • Contact for pricing
      12,840 SF

      Retail Space with Open Floorplan

      Well-maintained retail space featuring an open floor plan.
      168 Shillington Rd, Reading, PA 19608
      View Details
    • $2,495 /Mo
      12,632 SF

      Modern Office Space For Lease

      Modern office space with suburban feel and convenient commute.
      5 Lower Level, Reading, PA 19608
      View Details
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    3459 Penn Ave
    Reading, PA 19608-1143
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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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