Property profile

5501 Perkiomen Ave Reading, PA 19606

OFF-MARKET
Assisted living facilities
Property ID
US73-1151213
50,932 SF 4.57 ac lot Built 1994
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1994
Total area 50,932 SF
Lot 4.57 ac (199,069 SF)
APN 5335-09-17-5435
UPID US73-1151213

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

5501 Perkiomen Ave Reading, PA 19606-3633
Reading metro Census 12106 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.69M

Owner & transaction history

since 2026
Last sale
$6.6M
6 recorded transactions
2026
$8.5M
2021
Price N/A
2021
$6.6M
2021
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $6.4M +342.3%
Medical building $4.6M +218.1%
Commercial (general) $4.6M +214.9%

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
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