3215 5th StReading, PA 19605

  • Retail properties
  • 75,652 SF
Off market
$7,036,997 Estimated

Property Details for 3215 5th St

Year built
1975
Lot size
14.13 AC
Property size (Sq ft)
75,652 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
5308-12-87-0341
APU
530812870341

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,165,022
    6.5%
    $15,844,636
    7%
    $14,712,877
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,618,419
    Geo Method
    $24,909,420
  • Alternative Use

    Use
    Valuation
    Residential
    $13,365,544
    Hospitality
    $12,242,766
    Educational
    $10,185,838
    Medical
    $10,536,144
    Retail
    $15,844,636
3215 5th St, Reading, Pennsylvania

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.3823
Longitude
-75.9259
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,992,500
  • Assessed land value
    $2,823,200
  • Assessed value
    $5,815,700
  • Tax year
    2024
  • Tax bill
    $81,682

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