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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 Sweinhart Rd Boyertown, PA 19512-8212

    • Garden apartment buildings
    • 23,118 SF
    • 2.09 lot acres
    OFF-MARKET
    Value Estimations
    $3,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0311178
    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

    • Garden apartment buildings

    Property Details for 700 Sweinhart Rd

    Year built
    1969
    Lot size
    2.09 lot acres
    Property size
    23,118 SF
    Zone code
    R4
    Property type
    Garden apartment buildings
    APN
    32-00-07108-00-6
    APU
    320007108006

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,051,000
      Market price range: $676k - $2.05M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,215,000
      Current use
      OFFICE BUILDING
      $3,785,000
      Change: +18% Conversion: Moderate
      MEDICAL BUILDING
      $3,645,000
      Change: +13% Conversion: Moderate
      RESTAURANT
      $3,245,000
      Change: +1% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,015,000
      Change: -6% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,585,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boyertown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.6336
    Latitude
    40.3131
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD 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
    2023
    $57,329
    $191,810
    $1,259,840
    $1,451,650
    -
    $191,810
    $1,259,840
    $1,451,650

    Comparable in this City

    • Value Estimation
      $2,670,000
      20,460 SF

      73 Sweinhart Rd

      GARDEN APT, COURT APT (5+ UNITS) • 20,460 SF
      73 Sweinhart Rd, Boyertown, PA 19512-1735
      View Details
    • Value Estimation
      $1,385,000
      15,171 SF

      142 Montgomery Ave

      APARTMENT HOUSE (5+ UNITS) • 15,171 SF
      142 Montgomery Ave, Boyertown, PA 19512-1317
      View Details
    • Value Estimation
      $1,135,000
      10,440 SF

      134 Montgomery Ave

      APARTMENT HOUSE (5+ UNITS) • 10,440 SF
      134 Montgomery Ave, Boyertown, PA 19512-1330
      View Details
    • Value Estimation
      $2,305,000
      21,912 SF

      740 Sweinhart Rd

      APARTMENT HOUSE (5+ UNITS) • 21,912 SF
      740 Sweinhart Rd, Boyertown, PA 19512-8224
      View Details
    • Value Estimation by Request
      1,456 SF

      Mtn Rd

      MOBILE HOME PARK, TRAILER PARK • 1,456 SF
      Mtn Rd, Boyertown, PA 19512
      View Details
    • Value Estimation by Request
      3.03 Acres

      892 Philadelphia Ave

      MOBILE HOME PARK, TRAILER PARK • 3.03 Acres
      892 Philadelphia Ave, Boyertown, PA 19512-8531
      View Details

    Similar Nearby for Sale

    • $1,500,000
      6,308 SF

      Boyertown B&B - Turnkey Opportunity

      Historic 9-Unit Inn with Carriage House
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    • $795,000
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      Boyertown Restaurant, Bar, and Home

      Full-service restaurant, bar, home, and vacant lot in Boyertown.
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    • $369,900
      5,100 SF

      Flex Building Near Boyertown

      Well-maintained flex building with office and clean workspace.
      2214 Farmington Ave, Boyertown, PA 19512
      View Details
    • $550,000
      8,304 SF

      Boyertown Mixed-Use Gem

      8,304 sq ft, Downtown Boyertown
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    • Contact for pricing
      21.00 Acres

      Boyertown Industrial Land & Rail Access

      21-Acre Industrial Site w/ Rail & Truck Parking
      1535 Manatawny Dr, Boyertown, PA 19512
      View Details
    • $1,000,000
      8,211 SF

      Boyertown Restaurant & Bar Sale

      Prime Berks County eatery, two buildings, huge potential.
      1013 Reading Ave, Boyertown, PA 19512
      View Details

    Similar Nearby for Lease

    • $1,300 /Mo

      Boyertown Apartment for Rent

      Second floor, 3-bedroom, 1-bath apartment in excellent condition.
      647 N Reading Ave, Boyertown, PA 19512
      View Details
    • $2,900 /Mo
      75,359 SF

      BOYERTOWN Office Space For Lease

      Second-floor commercial space in a thriving community near Walmart.
      1090 Reading Ave Unit, Boyertown, PA 19512
      View Details
    • $35 SF/Yr
      90,000 SF

      Boyertown Office Space - 6,144 SF

      Prime Boyertown office suite, immediate occupancy.
      329 2Nd St, Boyertown, PA 19512
      View Details
    • Contact for pricing
      25,792 SF

      Boyertown Office Space For Lease

      Prime Boyertown office, 3,614 SF available.
      1 Philadelphia Ave, Boyertown, PA 19512
      View Details
    • $1,500 /Mo
      90,605 SF

      Boyertown Office/Flex Space Available

      Over 6,000 SF of office/flex space for lease.
      329 E 2Nd St, Boyertown, PA 19512
      View Details
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    700 Sweinhart Rd
    Boyertown, PA 19512-8212
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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