21 FairlaneReading, PA 19606

  • Assisted living facilities
  • 45,454 SF
Off market
$48,190,520 Estimated

Property Details for 21 Fairlane

Year built
1983
Lot size
4.81 AC
Property size (Sq ft)
45,454 SF
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
5325-08-99-1313
APU
532508991313

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,114,130
    6.5%
    $7,489,970
    7%
    $6,954,970
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,589,950
    Geo Method
    $6,117,190
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $14,197,900
    Retail / Commercial
    $7,329,990
    Mixed-Use / Specialty
    $7,342,750
    Hospitality / Lodging
    $5,437,770
    Office
    $7,339,630
    Institutional / Educational
    $7,647,400
    Residential Income
    $8,947,460
    Multifamily
    $10,515,500
    Automotive / Energy
    $6,554,910
    Parking / Income-Based Land
    $2,223,600
    Restaurant / Food Service
    $3,902,020

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.3042
Longitude
-75.8524
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
$46,235
$710,400
$2,873,700
$3,584,100
-
$710,400
$2,873,700
$3,584,100

FAQs

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