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    Property profile & analytics

    505 Shoemaker Ave Shoemakersville, PA 19555-1558

    • Auto shops
    • 3,720 SF
    • 8.19 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US73-0495200
    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

    • SMARTCHOICE61 Automotive Service & Trailer Sales / Trailer Supply Store / Vehicle Inspection Service
    • Smart Choice 61 Automotive Sales & Service / Trailer Dealer / Used Car Dealer

    Property Details for 505 Shoemaker Ave

    Year built
    2001
    Lot size
    8.19 lot acres
    Property size
    3,720 SF
    Property type
    Auto shops
    APN
    4493-19-70-1449
    APU
    449319701449

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $200,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $175,000
      Mixed-Use
      $145,000
      Hospitality
      $185,000
      Educational
      $195,000
      Residential Income
      $195,000
      Energy
      $195,000
      Income-Based Land
      $160,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    Shoemakersville
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9619
    Latitude
    40.5014
    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
    $1,973
    $106,800
    $108,900
    $215,700
    -
    $106,800
    $108,900
    $215,700

    Comparable in this City

    • Value Estimation by Request
      3,840 SF

      Kindt Cor Rd

      AUTO REPAIR, GARAGE • 3,840 SF
      Kindt Cor Rd, Shoemakersville, PA 19555
      View Details
    • Value Estimation by Request
      1,490 SF

      501 Main St

      AUTO REPAIR, GARAGE • 1,490 SF
      501 Main St, Shoemakersville, PA 19555-1640
      View Details
    • Value Estimation
      $365,000
      11,890 SF

      1320 Main St

      AUTO REPAIR, GARAGE • 11,890 SF
      1320 Main St, Shoemakersville, PA 19555-1710
      View Details
    • Value Estimation
      $350,000
      7,240 SF

      1397 Pottsville Pike

      AUTO REPAIR, GARAGE • 7,240 SF
      1397 Pottsville Pike, Shoemakersville, PA 19555-1721
      View Details
    • Value Estimation
      $420,000
      6,400 SF

      230 Franklin St

      AUTO REPAIR, GARAGE • 6,400 SF
      230 Franklin St, Shoemakersville, PA 19555-1507
      View Details
    • Value Estimation by Request
      1,230 SF

      12 Bellevue Ave

      AUTO REPAIR, GARAGE • 1,230 SF
      12 Bellevue Ave, Shoemakersville, PA 19555-1702
      View Details

    Similar Nearby for Sale

    • $1,106,000
      15,000 SF

      Shoemakersville Creative Office Space

      15,000 SF Office Building, $1.1M
      10 Zion Church Rd, Shoemakersville, PA 19555
      View Details
    • $215,000
      1,120 SF

      Spacious Home in Shoemakersville

      Character-filled five-bedroom home with scenic views and ample storage.
      807 Main St, Shoemakersville, PA 19555
      View Details
    • $1,106,000
      15,000 SF

      Visible Building on Route 61

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    Shoemakersville, PA 19555-1558
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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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