Financial
Distress signals
Property profile

3970 Perkiomen Ave Reading, PA 19606

OFF-MARKET
Medical Office Space
Property ID
US73-2763898
36,568 SF 2.99 ac lot Built 2008
Last sale Jun 2013 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$50k
Tax billed · 2024
Assessed value$3.90M
Assessed land$488k
Assessed improvement$3.41M
Effective rate1.29%

Value estimate

· Sep 2026
$4.61M
$4.15M – $5.07M
CAP approach$4.69M
Sales comparison$4.45M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$81 – $235

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.7
Law Firm15.4
Building Supply14.4

Location

3970 Perkiomen Ave Reading, PA 19606-2757
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3929 Perkiomen, Reading, PA 19606-2718 $1,946,790 May 2025 10,439 SF
130 Prospect, Reading, PA 19606-2897 $300,000 Feb 2025 4,234 SF
119 Prospect, Reading, PA 19606 $1,675,000 Aug 2022 9,755 SF
4885 Demoss, Reading, PA 19606-9023 $4,422,714 Jan 2021 33,224 SF
2 Hearthstone, Reading, PA 19606-3037 $1,094,657 Dec 2020 4,682 SF
2615 Perkiomen, Reading, PA 19606-2001 $325,000 Dec 2019 4,741 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 3970 Perkiomen 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