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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Investment properties
550 Penn Ave West Reading, PA 19611-1036
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0192485
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1908
Total area
5,710 SF
Lot
0.1 ac (4,356 SF)
APN
5307-17-10-8113
UPID
US73-0192485
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$451k
Blend (final)
Blend
$625k
Owner & transaction history
Trent L Stauffer · 4 yrs held
Trent L Stauffer
since 2021
Last sale
$625,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$945,000
+151.1%
Restaurant
$760,000
+101.8%
Office building
$575,000
+52.3%
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 West Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$870,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$375,000
Current use
MEDICAL BUILDING
$945,000
Change: +151% · Conversion: Easy
RESTAURANT
$760,000
Change: +102% · Conversion: Difficult
OFFICE BUILDING
$575,000
Change: +52% · Conversion: Easy
AUTO REPAIR, GARAGE
$540,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Sep 18 2024)
Last sale anchor
$625k
Sep 18 2024
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
$109 / 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
$3,959
Tax year 2024
Assessed value
$184,600
Assessed 2024
Previous assessed
$184,600
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$91,300
Assessed improvement
$93,300
Land market value
$91,300
Improvement market value
$93,300
Total market value
$184,600
Applied tax rate
93.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1908
Heating
NONE
Stories
2
Total area
5,710 SF
Lot
0.1 ac (4,356 SF)
APN
5307-17-10-8113
UPID
US73-0192485
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
COMMERCIAL (GENERAL) Current
Est. value
$375,000
MEDICAL BUILDING
Est. value
$945,000
RESTAURANT
Est. value
$760,000
OFFICE BUILDING
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$540,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1908
Heating
NONE
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Trent L Stauffer
Individual
Mailing address
1305 GDN LN, WEST READING, PA 19611-1422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Trent L Stauffer
Janetter R Stauffer
Intrafamily Transfer
related
$376,000 · Discovery FCU
Oct 23, 2012
$357,500
Janette R Stauffer
Ronald V Shaffer
Deed
$286,000 · Affinity Bank Of Pennsylvania
Feb 8, 2006
$390,000
Ronald V Shaffer
Garner,christopher S & Allison L
Grant Deed
$300,000 · National Penn Bank
Dec 20, 2004
$270,000
Christopher S Garner
Marasco,raymond D & Elizabeth J
Grant Deed
$216,000 · Commerce Bank Harrisburg NA
—
—
Ronald V Shaffer
—
Deed Of Trust
related
$300,000 · National Penn Bank
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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