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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Golf courses & driving ranges
4920 Penn Ave, Sinking Spring, PA 19608-9670
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-0896640
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1976
Total area
65,925 SF
Lot
4.84 ac (210,830 SF)
APN
4376-01-26-2122
UPID
US73-0896640
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Lorimich IV LLC · 11 yrs held
Lorimich IV LLC
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 Sinking Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sinking Spring 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
Method
Estimation
Statistic approach
by Request
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$10 / SF
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
Assessed value
$1,378,400
Assessed 2024
Previous assessed
$1,378,400
+0.0% YoY
Assessed land
$485,300
Assessed improvement
$893,100
Land market value
$485,300
Improvement market value
$893,100
Total market value
$1,378,400
Applied tax rate
51.0000
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
65,925 SF
Lot
4.84 ac (210,830 SF)
APN
4376-01-26-2122
UPID
US73-0896640
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
1976
Heating
NONE
Stories
1
Lot
4.84 ac
Current owner
From public records · entity-resolved
Lorimich IV LLC
Entity
Mailing address
631 WASHINGTON ST, READING, PA 19601-3521
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
Ymca Of Reading & Berks County
—
Deed
related
$800,000 · Mid Penn Bank
Jan 7, 2015
$200,000
Lorimich IV LLC
Ymca Of Reading & Berks Cnty
Grant Deed
—
Sep 8, 2010
—
Ymca Of Reading & Berks County
—
Deed Of Trust
related
$2,122,000 · Fulton Bank
Aug 6, 2010
$1,300,000
Ymca Of Reading & Berks County
Match Point INC
Grant Deed
—
—
—
Valley Tennis Spring
—
Deed Of Trust
related
$1,200,000 · Leesport Bank
—
—
Valley Tennis Spring
—
Deed Of Trust
related
$200,000 · Leesport Bank
—
—
Valley Tennis Spring
—
Deed Of Trust
related
$100,000 · Leesport Bank
—
—
Match Point INC
—
Deed Of Trust
related
$100,000 · Leesport Bank
—
—
Match Point INC
—
Deed Of Trust
related
$385,000 · Leesport Bank
—
—
Match Point INC
—
Deed Of Trust
related
$250,000 · Lebanon Vly Farmers Bk
—
—
Match Point INC
—
Deed Of Trust
related
$250,000 · Lebanon Vly Farmers Bk
—
—
Match Point INC
—
Deed Of Trust
related
$350,000 · Lebanon Vly Farmers Bk
—
—
Match Point INC
—
Deed Of Trust
related
$250,000 · Lebanon Vly Farmers Bk
—
—
Match Point INC
—
Deed Of Trust
related
$350,000 · Lebanon Vly Farmers Bk
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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