Technical
Financial
Distress signals
Property profile

401 Penn Ave West Reading, PA 19611

OFF-MARKET
Grocery and convenience stores
Property ID
US73-1276965
2,683 SF 0.3 ac lot Built 1982
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1982
Total area 2,683 SF
Lot 0.3 ac (13,068 SF)
APN 5307-18-20-8340
UPID US73-1276965

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
  • Bar & Pub
  • Restaurant

Location

401 Penn Ave West Reading, PA 19611-1131
West Reading metro Census 11200 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
$724k
Blend (final) Blend
$775k

Owner & transaction history

since 2022
Last sale
$700,000
2 recorded transactions
2022
$700,000
2012
$275,000

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
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