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    Property profile & analytics

    69 Penn Ave Wernersville, PA 19565-1609

    • Turn key restaurants
    • 4,368 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Jan 02, 2020
    $250,000
    Location Intelligence
    Property ID
    US73-0490666
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 69 Penn Ave

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.40 lot acres
    Property size
    4,368 SF
    Property type
    Turn key restaurants
    APN
    4366-11-67-1317
    APU
    436611671317

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wernersville
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.0777
    Latitude
    40.3298
    CBSA code
    39740
    CBSA name
    READING, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,733
    $57,300
    $53,500
    $110,800
    -
    $57,300
    $53,500
    $110,800

    Comparable in this City

    • Value Estimation by Request
      17,472 SF

      233 Galen Hall Rd

      RESTAURANT • 17,472 SF
      233 Galen Hall Rd, Wernersville, PA 19565-9331
      View Details
    • Value Estimation
      $290,000
      3,150 SF

      63 Penn Ave

      RESTAURANT • 3,150 SF
      63 Penn Ave, Wernersville, PA 19565
      View Details
    • Value Estimation
      $465,000
      3,746 SF

      6646 Penn Ave

      RESTAURANT • 3,746 SF
      6646 Penn Ave, Wernersville, PA 19565-9693
      View Details
    • Value Estimation
      $295,000
      2,449 SF

      6892 Penn Ave

      RESTAURANT • 2,449 SF
      6892 Penn Ave, Wernersville, PA 19565-9649
      View Details
    • Value Estimation
      $330,000
      2,862 SF

      440 Penn Ave

      RESTAURANT • 2,862 SF
      440 Penn Ave, Wernersville, PA 19565-1617
      View Details
    • Value Estimation by Request
      7,794 SF

      297 Galen Hall Rd

      BAR, TAVERN • 7,794 SF
      297 Galen Hall Rd, Wernersville, PA 19565-9331
      View Details

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    Wernersville, PA 19565-1609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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