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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
590 Oley Rd Oley, PA 19547-9221
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-4086710
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
5,096 SF
Lot
6.21 ac (270,508 SF)
APN
5349-03-03-3807
UPID
US73-4086710
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
-
District Judge Chieffo 23-3-03 Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$645k
Owner & transaction history
Redevelopment Authority Of Cnty Of · 2 yrs held
Redevelopment Authority Of Cnty Of
since 2024
Last sale
$643,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$820,000
+65.2%
Auto repair, garage
$545,000
+9.8%
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 Oley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oley 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
$645,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$495,000
Current use
MEDICAL BUILDING
$820,000
Change: +65% · Conversion: Easy
AUTO REPAIR, GARAGE
$545,000
Change: +10% · Conversion: Difficult
RESTAURANT
$455,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $643k (Mar 6 2024)
Last sale anchor
$643k
Mar 6 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
$127 / 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
$4,531
Tax year 2024
Assessed value
$353,200
Assessed 2024
Previous assessed
$353,200
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$127,800
Assessed improvement
$225,400
Land market value
$127,800
Improvement market value
$225,400
Total market value
$353,200
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
3
Units
1
Total area
5,096 SF
Lot
6.21 ac (270,508 SF)
APN
5349-03-03-3807
UPID
US73-4086710
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
OFFICE BUILDING Current
Est. value
$495,000
MEDICAL BUILDING
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$545,000
RESTAURANT
Est. value
$455,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
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
1989
Heating
NONE
Buildings
3
Units
1
Lot
6.21 ac
Current owner
From public records · entity-resolved
Redevelopment Authority Of Cnty Of
Entity
Free & Clear · 2 yrs held
Mailing address
400 E WYOMISSING AVE, MOHNTON, PA 19540-1503
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2024
—
Redevelopment Authority Of The Coun
—
Deed
related
$1,100,000 · Kozloff Stoudt Professional Corporation
Mar 6, 2024
$643,000
Redevelopment Authority Of Cnty Of
Berks County Nonprofit Corporation
Deed
—
Oct 1, 2021
$635,000
Berks County Nonprofit Development
John B Haas
Deed
$260,000 · Customers Bank
—
—
John D Haas
—
Deed Of Trust
related
$490,000 · Susquehanna 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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