Financial
Distress signals
Property profile

701 Lancaster Ave Reading, PA 19607

OFF-MARKET
Investment properties
Property ID
US73-2879548
4,452 SF 1.42 ac lot Built 1900
Last sale Apr 2021 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$331k
Assessed land$191k
Assessed improvement$140k
Effective rate2.65%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$285k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$43 – $121
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency32.2
Law Firm30.5
Dental Office23.2

Location

701 Lancaster Ave Reading, PA 19607
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
39 Lancaster, Shillington, PA 19607-2631 $450,000 Nov 2024 5,853 SF
14 Philadelphia, Shillington, PA 19607-2757 $450,000 Apr 2024 4,962 SF
10 Vlg Ctr Dra, Reading, PA 19607-3397 $162,000 Mar 2024 4,334 SF
107 Lancaster, Shillington, PA 19607-1857 $340,000 Jan 2024 3,788 SF
1601 Lancaster, Reading, PA 19607-1543 $200,000 Sep 2022 3,397 SF
2121 Morgantown, Reading, PA 19607-9623 $1,043,500 Jun 2022 3,762 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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