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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Investment properties
606 5th St Reading, PA 19601-2264
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-5982479
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1915
Construction
FRAME
Total area
9,950 SF
Lot
0.5 ac (21,780 SF)
APN
5307-59-73-7706
UPID
US73-5982479
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
-
Ghen Gregory S Law Firm Child Welfare Organization
-
Raiders Law PC Law Firm
-
Law Offices of Peter L. Johnston, L.L.C. Law Firm
-
S&S Property Management Property Management Company
-
Pamela Lyn Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$285k
Owner & transaction history
Swanona LLC · 11 yrs held
Swanona LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+187.3%
Auto repair, garage
$935,000
+103.2%
Warehouse, storage
$650,000
+41.2%
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 Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,325,000
Change: +187% · Conversion: Difficult
AUTO REPAIR, GARAGE
$935,000
Change: +103% · Conversion: Difficult
WAREHOUSE, STORAGE
$650,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$285k
Range $257k – $314k · ±10%
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
$29 / 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
$7,611
Tax year 2024
Assessed value
$287,500
Assessed 2024
Previous assessed
$287,500
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$97,900
Assessed improvement
$189,600
Land market value
$97,900
Improvement market value
$189,600
Total market value
$287,500
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1915
Construction
FRAME
Heating
NONE
Buildings
2
Stories
3
Units
3
Total area
9,950 SF
Lot
0.5 ac (21,780 SF)
APN
5307-59-73-7706
UPID
US73-5982479
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
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$650,000
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1915
Construction
FRAME
Heating
NONE
Stories
3
Buildings
2
Units
3
Lot
0.5 ac
Current owner
From public records · entity-resolved
Swanona LLC
Entity
Mailing address
606 N 5TH ST, READING, PA 19601-2264
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Swanona LLC
—
Deed
related
$50,000
Apr 13, 2021
—
Swanona LLC
—
Deed
related
$80,000 · Hershey FCU
Mar 10, 2021
—
Swanona LLC
—
Deed
related
$429,000 · Hershey FCU
Feb 2, 2017
—
Swanona LLC
—
Deed
related
$345,000 · Community First Fnd
Feb 3, 2015
$315,000
Swanona LLC
Max L Curtis
Deed
$236,250 · Fulton Bank NA
Oct 28, 2005
$289,900
Max L Curtis
Bank One NA
Deed
$217,425 · Wachovia Bank NA
Aug 17, 2005
$1,700
Bank One Series 2002-22
Sheriff Of Berks County
Trustees Deed
related
—
—
—
Max L Curtis
—
Deed Of Trust
related
$161,000 · Vist Bank
—
—
Swanona LLC
—
Deed Of Trust
related
$345,000 · Community First Fnd
—
—
Skiles,brian J
—
Deed Of Trust
related
$280,000 · Slm Fin'l
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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