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    Property profile & analytics

    353 5th St Reading, PA 19601-3001

    • Retail space
    • 2,242 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 20, 2025
    $34,000
    Location Intelligence
    Property ID
    US73-1975789
    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

    • Retail space

    Property Details for 353 5th St

    Year built
    1900
    Lot size
    0.02 lot acres
    Property size
    2,242 SF
    Property type
    Retail space
    APN
    5307-75-72-9421
    APU
    530775729421

    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
    -75.9274
    Latitude
    40.3414
    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
    $868
    $16,700
    $16,100
    $32,800
    -
    $16,700
    $16,100
    $32,800

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      321 8th St

      STORE, RETAIL OUTLET • 0.04 Acres
      321 8th St, Reading, PA 19601-4103
      View Details
    • Value Estimation by Request
      4,238 SF

      808 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 4,238 SF
      808 Walnut St, Reading, PA 19601-3619
      View Details
    • Value Estimation by Request
      3,104 SF

      815 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 3,104 SF
      815 Walnut St, Reading, PA 19601-4120
      View Details
    • Value Estimation by Request
      4,297 SF

      404 Schuylkill Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,297 SF
      404 Schuylkill Ave, Reading, PA 19601-2626
      View Details
    • Value Estimation by Request
      34,287 SF

      431 Penn St

      RETAIL STORES (PERSONAL SERVICES) • 34,287 SF
      431 Penn St, Reading, PA 19601
      View Details
    • Value Estimation by Request
      4,026 SF

      114 8th St

      RETAIL STORES (PERSONAL SERVICES) • 4,026 SF
      114 8th St, Reading, PA 19601-3786
      View Details

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    353 5th St
    Reading, PA 19601-3001
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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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