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Property profile & analytics
OFF-MARKET
Specialty properties
470 Schuylkill Ave Reading, PA 19601-2626
Entity Owned
10-yr Hold
Free & Clear
Property ID
US73-0675108
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1880
Total area
6,928 SF
Lot
0.23 ac (10,019 SF)
APN
5307-64-42-6838
UPID
US73-0675108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Studio 470 Hotel & Motel Resort
-
Que Rico Latin Dance Company Theater & Performing Art Venue Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Windsor Way Holdings LLC · 10 yrs held
Windsor Way Holdings LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,546
Tax year 2024
Assessed value
$58,400
Assessed 2024
Previous assessed
$58,400
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$30,000
Assessed improvement
$28,400
Land market value
$30,000
Improvement market value
$28,400
Total market value
$58,400
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1880
Heating
NONE
Stories
2
Total area
6,928 SF
Lot
0.23 ac (10,019 SF)
APN
5307-64-42-6838
UPID
US73-0675108
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1880
Heating
NONE
Stories
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Windsor Way Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
5672 ALLENTOWN PIKE, READING, PA 19605-9232
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2015
$6,900
Windsor Way Holdings LLC
Elite Realty Holdings LLC
Grant Deed
—
Aug 27, 2015
$7,989
Elite Realty Holdings LLC
Sheriff Of Berks County|alexis,jeannie G
Trustees Deed
related
—
Aug 21, 2007
$72,000
Jeannie G Alexis
Cabrera,manuel A
Grant Deed
—
Sep 8, 2005
$30,000
Manuel A Cabrera
Irish Ale House INC
Grant Deed
—
Jan 9, 2003
$89,666
Irish Ale House INC
Berks County Tax Claim Bureau
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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