Technical
Financial
Distress signals
Property profile

655 Walnut St West Reading, PA 19611

OFF-MARKET
Office buildings
Property ID
US73-0492229
19,497 SF 2.03 ac lot Built 1928
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1928
Total area 19,497 SF
Lot 2.03 ac (88,427 SF)
APN 5307-17-11-4012
UPID US73-0492229

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
  • Pediatrician Medical Clinic
  • Physician
  • Physician
  • Medical Clinic
  • Physician

Location

655 Walnut St West Reading, PA 19611-1242
West Reading metro Census 11200 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$560k

Owner & transaction history

since 2008
7 recorded transactions
2025
Price N/A
2018
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.6M +32.5%

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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