Technical
Financial
Distress signals
Property profile

550 Madison Ave Reading, PA 19605

OFF-MARKET
Outlet malls
Property ID
US73-2593709
116,236 SF 9.39 ac lot Built 1994
Entity Owned 13-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1994
Total area 116,236 SF
Lot 9.39 ac (409,028 SF)
APN 5308-15-64-8186
UPID US73-2593709

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
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store Food Market
  • Gas Station
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Mobile Phone Store Electronics & Wireless Store

Location

550 Madison Ave Reading, PA 19605-2412
Reading metro Census 12600 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.42M
Blend (final) Blend
$9.14M

Owner & transaction history

since 2012
7 recorded transactions
2017
Price N/A
2012
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $11.7M +71.1%
Auto repair, garage $10.9M +60.3%
Commercial (general) $7.7M +12.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 550 Madison Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message