242 Gravel PitBethel, PA 19507

  • Retail properties
  • 8,836 SF
Off market
$888,987 Estimated

Property Details for 242 Gravel Pit

Year built
1979
Construction
FRAME
Lot size
63.97 AC
Property size (Sq ft)
8,836 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
4411-00-79-4119
APU
441100794119

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,004,840
    6.5%
    $1,850,621
    7%
    $1,718,434
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,707,402
    Geo Method
    $2,909,370
  • Alternative Use

    Use
    Valuation
    Residential
    $1,561,068
    Hospitality
    $1,429,930
    Educational
    $1,189,685
    Medical
    $1,230,600
    Retail
    $1,850,621
242 Gravel Pit, Bethel, Pennsylvania

Location Insight

City
Bethel
County
Berks
State
Pennsylvania
Latitude
40.4746
Longitude
-76.2492
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $614,700
  • Assessed land value
    $120,000
  • Assessed value
    $734,700
  • Tax year
    2024
  • Tax bill
    $7,307

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