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Property profile & analytics
OFF-MARKET
Estimated value
$335,000
Retail space
3701 Perkiomen Ave Reading, PA 19606-2739
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-1555424
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
11,309 SF
Lot
0.62 ac (27,007 SF)
APN
5326-14-34-3121
UPID
US73-1555424
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Exeter Family Practice Medical Clinic
-
Dominic Cammarano, DO Physician
-
Reading Ob/Gyn: De Angelis Christina MD Physician
-
Tower Health Medical Group Obstetrics & Gynecology - Exeter Physician
-
Reading Ob/Gyn: Butler Melinda Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$335k
Owner & transaction history
Exeter Realty Mgt LLC · 20 yrs held
Exeter Realty Mgt LLC
since 2006
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+71.1%
Auto repair, garage
$1.1M
+60.3%
Commercial (general)
$745,000
+12.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$665,000
Current use
OFFICE BUILDING
$1,135,000
Change: +71% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,065,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$745,000
Change: +12% · Conversion: Easy
WAREHOUSE, STORAGE
$725,000
Change: +9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$570,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$335k
Range $302k – $369k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$30 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,012
Tax year 2024
Assessed value
$461,500
Assessed 2024
Previous assessed
$461,500
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$140,900
Assessed improvement
$320,600
Land market value
$140,900
Improvement market value
$320,600
Total market value
$461,500
Applied tax rate
43.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
NONE
Stories
2
Total area
11,309 SF
Lot
0.62 ac (27,007 SF)
APN
5326-14-34-3121
UPID
US73-1555424
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$665,000
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$725,000
INDUSTRIAL (GENERAL)
Est. value
$570,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Exeter Realty Mgt LLC
Entity
Mailing address
300 N ELM ST, WERNERSVILLE, PA 19565-1215
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2006
$950,000
Exeter Realty Mgt LLC
Herman,john M
Grant Deed
$1,500,000 · Leesport Bank
—
—
Exeter Realty Mgt LLC
—
Deed Of Trust
related
$50,000 · Leesport Bank
—
—
John M Herman
—
Deed Of Trust
related
$250,000 · Berkshire Bank
—
—
Exeter Realty Mgt LLC
—
Deed Of Trust
related
$50,000 · Leesport Bank
—
—
Herman,john M
—
Deed Of Trust
related
$650,000 · Commerce Bk/harrisburg
—
—
Herman,john M
—
Deed Of Trust
related
$185,600 · Patriot Bk/s Tipton
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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