Property profile

500 George St Reading, PA 19605

OFF-MARKET
Skating rinks
Property ID
US73-3696763
19,200 SF 2.03 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of approximately 20,000 square feet of flex space and is configured for owner-user and multi-purpose use. It is zoned for industrial use and is suitable for a range of functions, including daycare and indoor playground uses, as well as light warehouse and storage and other flexible light-industrial applications.

Property profile

Verified
Property type Skating rinks
Use group SKATING RINK, ICE SKATING, ROLLER SKATING
Year built 1975
Total area 19,200 SF
Lot 2.03 ac (88,427 SF)
APN 5308-15-64-5987
UPID US73-3696763

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
  • Sports Field & Court
  • Rock Climbing

Location

500 George St Reading, PA 19605-2443
Reading metro Census 12600 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A

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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