Office Building with
New
For Sale
Contact for pricing
40 Lloyd Avenue # SUITE 105, Malvern, PA 19355
Recent work refreshed major building systems, parking areas, restrooms, and common spaces.
Property Size52,407 SF
Price / SF$0.02
Days on Market3
Property Features for 40 Lloyd Avenue # SUITE 105
General Information
Standard status
Active
Size
52,407 SF
Class
Class A
Total Parking Spaces
189
Property subtype
Commercial
Zoning
RESIDENTIAL
Lease Term
Negotiable
Additional Details
Condition
Newly Renovated
Property Use
Office
Amenities
2 story atrium lobby
Carpet,Concrete,Tile/Brick
Electric
Yes
5
N
Backs to Trees,Backs - Parkland,Backs - Open Common Area,Cleared,Corner,Front Yard,Landscaping,Level,Open,Partly Wooded,Rear Yard,Road Frontage,SideYard(s)
Public
0.00 x 0.00
4.10
No
Estimated
Parking Lot
Lighted Parking,Handicap Parking,Paved Parking
Access - On Grade,Black Top
189
Block,Concrete Perimeter,Slab,Stone
52407.00
Assessor
Boro/Township
Building Details
Year Built
1923
Listing Agency:
Larum Real Estate Consulting LLC
Listed By:
Matt Sigel · License #RM422876
(484) 571-5630
Source:
Thetristaterealestategroup
Added: Nov 4
Last Checked: Nov 4 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Larum Real Estate Consulting LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 52,407-square-foot office building dates to 1923 and was converted to office use in 1983. A two-story atrium lobby anchors the interior. Recent redevelopment replaced the windows, roof, HVAC system, and parking lots, while also updating common areas and restrooms.
The property is at 40 Lloyd Avenue in Malvern, Pennsylvania, and is zoned residential.
The property is at 40 Lloyd Avenue in Malvern, Pennsylvania, and is zoned residential.
Key Highlights
- 52,407‑square‑foot office building
- Two‑story atrium lobby
- Originally built in 1923; converted to office use in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$823,925
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,478,500
$16.5M
Cap Rate 7%
$11,770,357
$11.8M
Cap Rate 9%
$9,154,722
$9.2M
Market Conditions
NOI Build-Up for 52,407 SF
Gross rent
$1.36M $26.04/SF
− Vacancy
−$266.1K −$5.08/SF
EGI
$1.10M $20.96/SF
− OpEx
−$274.6K −$5.24/SF
NOI
$823.9K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,478,500
Cap Rate 7%
$11,770,357
Cap Rate 9%
$9,154,722
Alternative Uses
Best Use
Office B
$11.77M
$10.30M – $13.73M
NOI $823,925 @ 7.0% cap · market cap 63,378.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.89M
$13.90M – $18.54M
NOI $1,112,249 @ 7.0% cap · market cap 85,557.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,382
Businesses Nearby
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Recent work refreshed major building systems, parking areas, restrooms, and common spaces.
Where is this office building located?
The property is located at 40 Lloyd Avenue # SUITE 105 Malvern, PA.
What are key features of this property?
This property features: 52,407‑square‑foot office building; Two‑story atrium lobby; Originally built in 1923; converted to office use in 1983
