Financial
Distress signals
Property profile

500 Spg Rdg Dr Reading, PA 19610

OFF-MARKET
Office buildings
Property ID
US73-2906530
41,882 SF 15.7 ac lot Built 1991
Last sale Mar 2014 · $10,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$56k
Tax billed · 2024
Assessed value$4.20M
Assessed land$1.69M
Assessed improvement$2.51M
Effective rate1.34%

Value estimate

· Sep 2026
$4.96M
$4.46M – $5.45M
CAP approach$5.76M
Submarket $/SF estimate$3.40M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$129 – $245

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Plumbing Service8.8
Garden Center8.7

Location

500 Spg Rdg Dr Reading, PA 19610-1069
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40 Berkshire Ct, Reading, PA 19610-1224 $861,350 Dec 2025 15,840 SF
2755 Century, Wyomissing, PA 19610-3346 $4,000,000 Jul 2025 20,564 SF
935 Berkshire, Reading, PA 19610-1229 $2,895,000 Dec 2024 15,040 SF
830 Knitting Mls, Wyomissing, PA 19610-3010 $11,832,039 Dec 2024 56,372 SF
1040 Park, Wyomissing, PA 19610-1338 $7,000,000 Mar 2024 39,369 SF
1330 Broadcasting, Wyomissing, PA 19610-3220 $12,500,000 Aug 2022 33,308 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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