Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Morgantown Rd Reading, PA 19607

    • Commercial land
    • 164.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 09, 2023
    Location Intelligence
    Property ID
    US73-1113094
    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

    • Commercial land

    Property Details for Morgantown Rd

    Lot size
    164.08 lot acres
    Property type
    Commercial land
    APN
    5305-04-94-8160
    APU
    530504948160

    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
    -75.9213
    Latitude
    40.291
    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
    $5,333
    $335,200
    $0.00
    $335,200
    -
    $335,200
    $0.00
    $335,200

    Comparable in this City

    • Value Estimation by Request
      0.45 Acres

      Mtn Vw Rd

      VACANT COMMERCIAL LAND • 0.45 Acres
      Mtn Vw Rd, Reading, PA 19607
      View Details
    • Value Estimation by Request
      4.26 Acres

      Pne Hl Rd

      VACANT COMMERCIAL LAND • 4.26 Acres
      Pne Hl Rd, Reading, PA 19607
      View Details
    • Value Estimation by Request
      1.70 Acres

      Commerce Dr

      VACANT COMMERCIAL LAND • 1.70 Acres
      Commerce Dr, Reading, PA 19607
      View Details
    • Value Estimation by Request
      0.08 Acres

      1600 Lancaster Ave

      VACANT COMMERCIAL LAND • 0.08 Acres
      1600 Lancaster Ave, Reading, PA 19607-1544
      View Details
    • Value Estimation by Request
      9.73 Acres

      Beagle Clb Rd

      VACANT COMMERCIAL LAND • 9.73 Acres
      Beagle Clb Rd, Reading, PA 19607
      View Details
    • Value Estimation by Request
      1.87 Acres

      21 Clb Ln

      VACANT COMMERCIAL LAND • 8,608 SF
      21 Clb Ln, Reading, PA 19607-3302
      View Details

    Similar Nearby for Sale

    • $450,000

      Commercial Corner Lot For Sale

      Corner lot suitable for commercial development in populated neighborhood.
      1834 Liberty Ave, Reading, PA 19607
      View Details
    • $450,000
      4 SF

      4.33 Acre Commercial Land Parcel

      Land parcel for commercial development in a populated neighborhood.
      8 Kenhorst Borough, Reading, PA 19607
      View Details
    • $71,900
      2.17 Acres

      Land in Hidden Pond Community

      2.17 acre building lot in Cumru Township, Reading, PA.
      10 Hidden Pond Dr, Reading, PA 19607
      View Details
    • $275,000
      1,368 SF

      Lancaster Avenue Mixed-Use Property

      Prime Reading Investment: Dental Office & Apartment
      221 Lancaster Ave, Reading, PA 19607
      View Details
    • $695,900
      3,100 SF

      Morgantown Rd Industrial Property

      3,100 SF Warehouse, Owner/User
      1185 Morgantown Rd, Reading, PA 19607
      View Details
    • $499,000
      0.18 Acres

      Shillington Multifamily Investment Opportunity

      Five-unit property in Shillington with strong rental income potential.
      24 Philadelphia Ave, Shillington, PA 19607
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Grocery Anchored Shopping Center Space

      Retail space available in Kenhorst Plaza shopping center.
      700 Kenhorst Plz, Reading, PA 19607
      View Details
    • $13 SF/Yr
      6,100 SF

      Shillington Mixed-Use Property with Parking

      Mixed-use property with office space, apartments, and parking.
      34 E Lancaster Ave, Reading, PA 19607
      View Details
    • Contact for pricing
      3,777 SF

      Versatile Medical/Professional Office Space

      Surgical dental office space for rent with on-site parking.
      517 E Lancaster Ave, Reading, PA 19607
      View Details
    • $3,500 /Mo
      14,810 SF

      Shillington Office Space Available

      First floor office space in prime Shillington location for lease.
      20 W Lancaster Ave, Reading, PA 19607
      View Details
    • Contact for pricing
      161,242 SF

      Kenhorst Plaza Retail Space Available

      Reading, PA Retail Center - 10,950 SF Available
      1895 New Holland Rd, Reading, PA 19607
      View Details
    • $800 /Mo
      5,663 SF

      Shillington Office Space For Lease

      Office space for lease in Shillington with shared amenities.
      219 E Lancaster Ave, Shillington, PA 19607
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Morgantown Rd
    Reading, PA 19607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.