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    Property profile & analytics

    Cherry St Reading, PA 19611

    • Industrial properties
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $155,000
    Last Sale
    Mar 14, 2023
    $164,946
    Location Intelligence
    Property ID
    US73-4040363
    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

    • Industrial properties

    Property Details for Cherry St

    Lot size
    0.21 lot acres
    Property type
    Industrial properties
    APN
    5306-06-39-9883
    APU
    530606399883

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9418
    Latitude
    40.3345
    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
    $294
    $9,700
    $4,000
    $13,700
    -
    $9,700
    $4,000
    $13,700

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      136 Cherry St

      INDUSTRIAL (GENERAL) • 0.04 Acres
      136 Cherry St, West Reading, PA 19611
      View Details
    • Value Estimation
      $310,000
      2.44 Acres

      316 Hancock Blvd

      INDUSTRIAL (GENERAL) • 2.44 Acres
      316 Hancock Blvd, Reading, PA 19611
      View Details
    • Value Estimation by Request
      0.02 Acres

      130 Cherry St

      INDUSTRIAL (GENERAL) • 0.02 Acres
      130 Cherry St, West Reading, PA 19611
      View Details
    • Value Estimation by Request
      15,556 SF

      641 Gregg Ave

      Medical offices • 15,556 SF
      641 Gregg Ave, Reading, PA 19611
      View Details
    • Value Estimation by Request
      0.02 Acres

      132 Cherry St

      INDUSTRIAL (GENERAL) • 0.02 Acres
      132 Cherry St, West Reading, PA 19611
      View Details
    • Value Estimation by Request
      0.25 Acres

      327 Morgantown Rd

      WAREHOUSE, STORAGE • 0.25 Acres
      327 Morgantown Rd, Reading, PA 19611-2058
      View Details

    Similar Nearby for Sale

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    • $850,000
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      Lancaster Ave Retail Portfolio

      Prime Reading, PA Retail Investment
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    • $339,900
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      West Reading Townhome with Upgrades

      Meticulously maintained townhome in a sought-after West Reading community.
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    Similar Nearby for Lease

    • Contact for pricing
      3,203 SF

      Fenced Lot with Shop Building

      1.45-acre lot with a 3,203 SF five-bay shop.
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      West Reading Flex Office Space

      Prime West Reading location, renovated office space.
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      4,550 SF

      100 Lancaster Ave

      Restaurants • 4,550 SF
      100 Lancaster Ave, Reading, PA 19611
      View Details
    • Contact for pricing
      12,075 SF

      100-128 Lancaster Ave,100 Memory Lane,2178 W 38th Street

      Restaurants • 12,075 SF
      100-128 Lancaster Ave, Reading, PA 19611
      View Details
    • Contact for pricing
      10,569 SF

      West Reading Restaurant/Retail Opportunity

      Classic red brick building suitable for restaurant or retail use.
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    • Contact for pricing
      11,200 SF

      Retail Space in West Reading

      Shell condition retail space in West Reading's retail district.
      525 Penn Ave, Reading, PA 19611
      View Details
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    Cherry St
    Reading, PA 19611
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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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