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    Property profile & analytics

    40 Penn Ave Robesonia, PA 19551-1502

    • Retail space
    • 2,014 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 27, 2024
    $125,000
    Location Intelligence
    Property ID
    US73-5951240
    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

    • Artisans In The Park Organization, Inc. / Arts Organization / Event Planner

    Property Details for 40 Penn Ave

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.10 lot acres
    Property size
    2,014 SF
    Property type
    Retail space
    APN
    4347-12-95-6143
    APU
    434712956143

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Robesonia
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.1363
    Latitude
    40.352
    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
    $726
    $39,600
    $15,200
    $54,800
    -
    $39,600
    $15,200
    $54,800

    Comparable in this City

    • Value Estimation
      $445,000
      4,000 SF

      410 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      410 Penn Ave, Robesonia, PA 19551-9014
      View Details
    • Value Estimation by Request
      6,030 SF

      370 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,030 SF
      370 Penn Ave, Robesonia, PA 19551-1426
      View Details
    • Value Estimation
      $530,000
      7,944 SF

      946 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,944 SF
      946 Penn Ave, Robesonia, PA 19551-9520
      View Details
    • Value Estimation
      $455,000
      10,196 SF

      945 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,196 SF
      945 Penn Ave, Robesonia, PA 19551-9521
      View Details
    • Value Estimation by Request
      1,350 SF

      495 Texter Mtn Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,350 SF
      495 Texter Mtn Rd, Robesonia, PA 19551
      View Details
    • Value Estimation
      $430,000
      3,640 SF

      115 Penn Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,640 SF
      115 Penn Ave, Robesonia, PA 19551-1527
      View Details

    Similar Nearby for Sale

    • $1,600,000
      8,922 SF

      Robesonia Restaurant - Prime Location

      Established eatery, 8,922 sq ft, high traffic area.
      910 Penn Ave, Robesonia, PA 19551
      View Details
    • $1,000,000
      9,400 SF

      Restaurant and Banquet Hall For Sale

      Full-service restaurant with banquet hall, FF&E, and liquor license.
      924 W Penn Ave, Robesonia, PA 19551
      View Details
    • $450,000
      4.56 Acres

      Prime 4.56-Acre Commercial Land

      High-traffic US-422 location, development ready.
      819 Us-422, Robesonia, PA 19551
      View Details
    • $389,900
      4,576 SF

      Robesonia Investment Property: Three Units

      Three-unit investment property in Robesonia Borough, Berks County.
      19 W Penn Ave, Robesonia, PA 19551
      View Details
    • $1,250,000
      11 SF

      11 Acres on SR 422

      11 acres with frontage on SR 422, ideal for development.
      422 Big Spg Rd & Rte, Robesonia, PA 19551
      View Details
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    Robesonia, PA 19551-1502
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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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