235 2ndWest Reading, PA 19611

  • Warehouses
  • 9,353 SF
Off market
$3,406,300 Estimated

Property Details for 235 2nd

Year built
1955
Lot size
0.34 AC
Property size (Sq ft)
9,353 SF
Property type
Warehouses
APN
5306-06-38-7836
APU
530606387836

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,164,950
    6.5%
    $2,921,490
    7%
    $2,712,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,147,490
    Geo Method
    $1,955,300
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,508,280
    Mixed-Use / Specialty
    $1,510,910
    Hospitality / Lodging
    $1,118,920
    Office
    $1,510,260
    Institutional / Educational
    $1,573,590
    Residential Income
    $1,841,100
    Multifamily
    $2,163,760
    Automotive / Energy
    $1,348,790
    Parking / Income-Based Land
    $457,546
    Restaurant / Food Service
    $802,913
    Healthcare / Senior Housing
    $1,541,200

Location Insight

City
West Reading
County
Berks
State
Pennsylvania
Latitude
40.3318
Longitude
-75.9427
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
$3,697
$71,800
$100,600
$172,400
-
$71,800
$100,600
$172,400

FAQs

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