Property profile

3855 Penn Ave Reading, PA 19608

OFF-MARKET
Medical Office Space
Property ID
US73-0963978
14,261 SF 1.32 ac lot Built 1983
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1983
Total area 14,261 SF
Lot 1.32 ac (57,499 SF)
APN 4386-09-26-0287
UPID US73-0963978

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
  • Pediatrician Physician
  • Pediatrician Physician
  • Medical Clinic Ophthalmologist
  • Ophthalmologist
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Location

3855 Penn Ave Reading, PA 19608-1174
Reading metro Census 10902 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.48M
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.36M

Owner & transaction history

since 2020
Last sale
$1.4M
3 recorded transactions
2020
$1.4M
1969
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3855 Penn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message