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    Property profile & analytics

    Monroe Ave Reading, PA 19609

    • Warehouses
    • 192 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-4223242
    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

    • Warehouses

    Property Details for Monroe Ave

    Year built
    1998
    Property size
    192 SF
    Property type
    Warehouses
    APN
    4386-16-84-8718-B01
    APU
    438616848718B01

    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
    -75.9958
    Latitude
    40.3265
    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
    $768
    $0.00
    $57,800
    $57,800
    -
    $0.00
    $57,800
    $57,800

    Comparable in this City

    • Value Estimation
      $110,000
      1,533 SF

      2311 Penn Ave, Unit R

      WAREHOUSE, STORAGE • 1,533 SF
      2311 Penn Ave, West Lawn, PA 19609-1682
      View Details
    • Value Estimation by Request
      4,226 SF

      2301 Penn Ave, Unit R

      WAREHOUSE, STORAGE • 4,226 SF
      2301 Penn Ave, West Lawn, PA 19609
      View Details
    • Value Estimation
      $210,000
      3,640 SF

      51 Lawn Ave

      WAREHOUSE, STORAGE • 3,640 SF
      51 Lawn Ave, West Lawn, PA 19609-2034
      View Details
    • Value Estimation by Request
      950 SF

      Noble St

      WAREHOUSE, STORAGE • 950 SF
      Noble St, Reading, PA 19609
      View Details
    • Value Estimation
      $465,000
      14,412 SF

      1725 Penn Ave

      WAREHOUSE, STORAGE • 14,412 SF
      1725 Penn Ave, Reading, PA 19609-2054
      View Details
    • Value Estimation
      $360,000
      13,735 SF

      2201 Reading Ave

      MANUFACTURING (LIGHT) • 13,735 SF
      2201 Reading Ave, West Lawn, PA 19609-2051
      View Details

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    Similar Nearby for Lease

    • $12 SF/Yr
      52,560 SF

      West Lawn Retail and Warehouse

      Shopping center with warehouse space along active highway.
      3024 Penn Ave, West Lawn, PA 19609
      View Details
    • Contact for pricing
      7,762 SF

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      Prime Reading Retail Center - Fully Vacant
      1112 Wyomissing Blvd, Reading, PA 19609
      View Details
    • $3,100 /Mo
      1,689 SF

      New Three-Bedroom Semi in Reading

      Move-in ready three-bedroom semi with modern amenities, available immediately.
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      View Details
    • Contact for pricing
      14,575 SF

      Class A Office Building

      Professional office building with modern amenities and efficient climate control.
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      View Details
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      4,600 SF

      Grocery Anchored Retail Pad Site

      Outparcel pad site available in established shopping center.
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    • $13 SF/Yr
      24,000 SF

      West Lawn Office Space Available

      1,656 SF office suite for lease in West Lawn.
      2211 Quarry Dr, West Lawn, PA 19609
      View Details
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    Monroe Ave
    Reading, PA 19609
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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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