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Financial
Distress signals
Property profile

6 Hearthstone Ct Reading, PA 19606

FOR LEASE
Office buildings
Property ID
US73-5809070
17,600 SF 1.89 ac lot Built 1991
Last sale Apr 2024 · $1,332,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

6 Hearthstone Court is a professional office building totaling approximately 26,400 square feet, offering medical and general office suite space. The building is located in the Exeter Township area with access positioned off Route 422. Renovations have been planned for the building’s common areas, parking lot, and exterior.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.22M
Assessed land$266k
Assessed improvement$949k
Effective rate1.30%

Value estimate

· Oct 2026
$2.27M
$2.04M – $2.49M
CAP approach$2.42M
Submarket $/SF estimate$2.73M
NOI build-up
Gross scheduled income$342k
Vacancy & credit loss−$47k
Operating expenses−$74k
NOI · 22,119,600.00% cap applied$221k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$100/SF
Submarket average, outlier-cleaned · 193 recorded sales of this use type
Observed band · Q1–Q3$40 – $170

Cap rate analysis

How does the asset earn?
22,119,600.00%
$221k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.9
Building Supply22.5
Restaurant20.4

Location

6 Hearthstone Ct Reading, PA 19606
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17 23rd, Reading, PA 19606-1900 $610,000 Jan 2026 11,524 SF
11 Vanguard, Reading, PA 19606-3765 $811,300 Jan 2022 15,792 SF
4955 Perkiomen, Reading, PA 19606-9528 $1,000,000 May 2021 12,374 SF
4970 Demoss, Reading, PA 19606-8809 $6,100,000 Apr 2021 29,024 SF
415 19th, Reading, PA 19606-1704 $152,000 Mar 2021 9,102 SF
61 Vanguard, Reading, PA 19606-3765 $1,890,526 Sep 2019 26,178 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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