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    Property profile & analytics

    4870 Penn Ave Sinking Spring, PA 19608-8601

    • Outlet malls
    • 52,058 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-3048469
    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

    • Outlet malls

    Property Details for 4870 Penn Ave

    Year built
    1998
    Property size
    52,058 SF
    Property type
    Outlet malls
    APN
    4376-01-36-6085-C01
    APU
    437601366085C01

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sinking Spring
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.0511
    Latitude
    40.3257
    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
    $36,625
    $635,900
    $2,193,400
    $2,829,300
    -
    $635,900
    $2,193,400
    $2,829,300

    Comparable in this City

    • Value Estimation by Request
      34,364 SF

      4722 Penn Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 34,364 SF
      4722 Penn Ave, Reading, PA 19608-9672
      View Details
    • Value Estimation by Request
      134,117 SF

      2625 Shillington Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 134,117 SF
      2625 Shillington Rd, Reading, PA 19608-1757
      View Details
    • Value Estimation by Request
      54,292 SF

      2643 Shillington Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 54,292 SF
      2643 Shillington Rd, Sinking Spring, PA 19608-1757
      View Details
    • Value Estimation by Request
      72,328 SF

      4708 Penn Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 72,328 SF
      4708 Penn Ave, Sinking Spring, PA 19608-9672
      View Details
    • Value Estimation by Request
      52,473 SF

      3564 Penn Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 52,473 SF
      3564 Penn Ave, Sinking Spring, PA 19608-1112
      View Details
    • Value Estimation by Request
      13,739 SF

      4608 Penn Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 13,739 SF
      4608 Penn Ave, Sinking Spring, PA 19608-9805
      View Details

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      Retail property with high visibility and ample parking.
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      Industrial Property with Two Structures

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    Similar Nearby for Lease

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      1,040 SF

      Retail Space in Sinking Spring

      Retail space available in a modern neighborhood shopping center.
      3564 Penn Ave, Reading, PA 19608
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      5,400 SF

      Retail Space in Sinking Spring

      Retail space available in a modern neighborhood shopping center.
      3564 Penn Ave, Sinking Spring, PA 19608
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    • Contact for pricing
      3,200 SF

      Retail Space in Shillington Plaza

      Retail space available in shopping center anchored by Lowe’s.
      2631-2677 Shillington Rd, Reading, PA 19608
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      12,840 SF

      Retail Space with Open Floorplan

      Well-maintained retail space featuring an open floor plan.
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      12,840 SF

      Prime Retail Space in Reading

      Exceptional leasing opportunity with ample parking and easy access.
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    Property Visit Statistics

    • Visits by month
      76.5k
    • Visitors by month
      31.2k
    • Avg Time on site
      23 min
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    4870 Penn Ave
    Sinking Spring, PA 19608-8601
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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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