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Property profile & analytics
OFF-MARKET
Turn key restaurants
4851 Perkiomen Ave Reading, PA 19606-9526
Individually Owned
11-yr Hold
Free & Clear
Property ID
US73-3020885
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Total area
1,329 SF
Lot
4.39 ac (191,228 SF)
APN
5325-08-79-9626
UPID
US73-3020885
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
-
Jeff Heiser Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Little Drop Essentials with Young Living Essential Oils (Bike/Boat/Book/etc) Store Cosmetic Store
-
Brice Villa Campground & RV Park
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
Kim B Kliewer · 11 yrs held
Kim B Kliewer
since 2015
7 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
$5,200
Tax year 2024
Assessed value
$387,800
Assessed 2024
Previous assessed
$387,800
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$307,900
Assessed improvement
$79,900
Land market value
$307,900
Improvement market value
$79,900
Total market value
$387,800
Applied tax rate
43.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Heating
NONE
Stories
1
Units
2
Total area
1,329 SF
Lot
4.39 ac (191,228 SF)
APN
5325-08-79-9626
UPID
US73-3020885
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
1940
Heating
NONE
Stories
1
Units
2
Lot
4.39 ac
Current owner
From public records · entity-resolved
Kim B Kliewer
Individual
Free & Clear · 11 yrs held
Mailing address
31 EDIE DR, DENVER, PA 17517-9203
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2021
—
Kim B Kliewer
—
Deed
related
$282,000 · M & T Bank
Feb 14, 2019
—
Kim Bauer
—
Deed
related
$62,986 · Fox Rothschild LLP
Jul 27, 2018
—
Kim Bauer
—
Deed
related
$156,804 · Fox Rothschild LLP
Jul 24, 2018
—
Kim Bauer
—
Grant Deed
related
$1,387,633 · Fox Rothschild LLP
Jun 28, 2018
—
Kim B Kliewer
—
Deed
related
$476,000 · M & T Bank
Apr 8, 2015
—
Kim B Kliewer
Brice Kenneth C & Christine M
Grant Deed
related
—
—
—
Kim Bauer
—
Deed Of Trust
related
$62,986 · Fox Rothschild LLP
—
—
Kim B Kliewer
—
Deed Of Trust
related
$476,000 · M&t Bk
—
—
Kim Bauer
—
Deed Of Trust
related
$156,804 · Fox Rothschild LLP
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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