540 Court StReading, PA 19601
- Office buildings
- 3,962 SF
For Sale
$495,000
View listing
Property Details for 540 Court St
- Year built
- 1874
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 3,962 SF
- Property type
- Office buildings
- APN
- 5307-83-80-2437
- APU
- 530783802437
Description
This meticulously maintained, 11,000 square foot office building at 540 Court Street in Reading, PA, presents a unique investment opportunity. Completely renovated, the property offers bright, adaptable office suites, perfect for a variety of professional uses. Imagine your business thriving in this convenient location, just steps from the courthouse, parking garages, and local shops. The building features modern amenities including multiple conference rooms, a welcoming luncheon area with an outdoor patio, and a convenient elevator. The thoughtfully designed layout allows for flexibility
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $611,535
- 6.5%
- $564,494
- 7%
- $524,173
-
Comparable approach
- Method
- Valuation
- Relative Method
- $303,804
- Geo Method
- $517,675
-
Alternative Use
- Use
- Valuation
- Residential
- $699,972
- Hospitality
- $641,171
- Educational
- $533,446
- Medical
- $551,792
- Retail
- $829,806
Location Insight
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Latitude
- 40.336
- Longitude
- -75.9265
- 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
$2,589
$26,000
$71,800
$97,800
-
$26,000
$71,800
$97,800
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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