Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

400 Penn Ave Reading, PA 19611

OFF-MARKET
Turn key restaurants
Property ID
US73-2809183
13,230 SF 0.07 ac lot Built 1900
Last sale Jun 2005 · $235,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$101k
Assessed land$31k
Assessed improvement$70k
Effective rate2.65%

Value estimate

· Nov 2026
$295k
$266k – $325k
Submarket $/SF estimate$528k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$133/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$37 – $266

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 agency26.9
Dry Cleaner10.3
Dental Office10.0

Location

400 Penn Ave Reading, PA 19611-1130
County assessor Recorded deeds · 1 transfer 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
501 Lancaster, Reading, PA 19611-1653 $200,000 Feb 2026 7,578 SF
209 Lancaster, Reading, PA 19611-1627 $850,000 Nov 2024 6,594 SF
238 3rd, Reading, PA 19611-1348 $1,200,000 Oct 2024 7,708 SF
421 Penn, West Reading, PA 19611-1131 $525,000 Sep 2021 11,946 SF
100 Lancaster, Reading, PA 19611-1626 $3,038,439 Apr 2021 6,656 SF
640 Gregg, Reading, PA 19611-1624 $76,000 Oct 2019 7,398 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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