515 PennReading, PA 19601

  • Retail properties
  • 0.16 AC
For Sale
$3,000,000 View listing

Property Details for 515 Penn

Lot size
0.16 AC
Property type
Retail properties
Property subtype
Banks
APN
5307-83-80-0348
APU
530783800348

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,581,455
    6.5%
    $1,459,804
    7%
    $1,355,533
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,346,830
    Geo Method
    $2,294,964
  • Alternative Use

    Use
    Valuation
    Residential
    $1,231,400
    Hospitality
    $1,127,955
    Educational
    $938,446
    Medical
    $970,720
    Retail
    $1,459,804
515 Penn, Reading, Pennsylvania

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.3358
Longitude
-75.9271
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $63,800
  • Assessed land value
    $35,100
  • Assessed value
    $98,900
  • Tax year
    2024
  • Tax bill
    $2,618

FAQs

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