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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Retail space
51 9th St Reading, PA 19601-3656
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0099994
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1911
Total area
10,344 SF
Lot
0.06 ac (2,614 SF)
APN
5317-77-00-0796
UPID
US73-0099994
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
Current use
Occupant on record · Public records
-
Olucuilta Restaurant
-
U&Z ChmneyServices General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$885k
Owner & transaction history
Yani M Villegas · 1 yrs held
Yani M Villegas
since 2025
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+179.0%
Auto repair, garage
$975,000
+97.4%
Warehouse, storage
$675,000
+37.2%
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 Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading 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
$855,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,375,000
Change: +179% · Conversion: Easy
AUTO REPAIR, GARAGE
$975,000
Change: +97% · Conversion: Difficult
WAREHOUSE, STORAGE
$675,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $900k (Apr 16 2025)
Last sale anchor
$900k
Apr 16 2025
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
$86 / 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
Tax billed
$3,034
Tax year 2024
Assessed value
$114,600
Assessed 2024
Previous assessed
$114,600
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$14,100
Assessed improvement
$100,500
Land market value
$14,100
Improvement market value
$100,500
Total market value
$114,600
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1911
Heating
NONE
Stories
4
Units
4
Total area
10,344 SF
Lot
0.06 ac (2,614 SF)
APN
5317-77-00-0796
UPID
US73-0099994
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$975,000
WAREHOUSE, STORAGE
Est. value
$675,000
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1911
Heating
NONE
Stories
4
Units
4
Lot
0.06 ac
Current owner
From public records · entity-resolved
Yani M Villegas
Individual
Mailing address
530 W 174TH ST APT #54, NEW YORK, NY 10033-8700
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
$900,000
Yani M Villegas
Alejandro R Tavera
Deed
$675,000 · Fleetwood Bank Wyomissing Lpo
Aug 9, 2022
—
Alejandro R Tavera
—
Deed
related
$384,000 · Diamond Cu
Jul 30, 2020
$335,000
Alejandro R Tavera
Chios Associates INC
Deed
$250,000 · Diamond Cu
May 8, 2009
$290,000
Chios Associates INC
Fanko LLC
Grant Deed
$200,000 · Fulton Bank
Jun 3, 2005
$425,000
Fanko LLC
Mary M Sweigard Dunsky
Deed
$318,750 · First Pennsylvania Bank
Oct 1, 2002
$299,000
Sweigard,mary M
Chamilothoris,jacob & Konstantina
Grant Deed
$269,000 · Jacob & Konstantina Chamilothoris
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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