Financial
Distress signals
Property profile

400 Lapp Rd Malvern, PA 19355

FOR SALE
Office buildings
Property ID
US73-2242854
28,592 SF 3.6 ac lot Built 1999
Last sale May 2019 · $7,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in Malvern, Pennsylvania and consists of a 3.6-acre lot. The available building space is configured to support multiple size options, ranging from approximately 7,148 square feet up to 28,592 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$94k
Tax billed · 2024
Assessed value$3.29M
Assessed land$231k
Assessed improvement$3.06M
Effective rate2.87%

Value estimate

· Sep 2026
$6.39M
$5.75M – $7.02M
CAP approach$7.38M
Submarket $/SF estimate$7.35M
NOI build-up
Gross scheduled income$745k
Vacancy & credit loss−$145k
Operating expenses−$150k
NOI · 5.99% cap applied$450k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$121 – $257
Qualifying comparables10

Cap rate analysis

How does the asset earn?
5.99%
$450k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
The purpose of the LI Limited Industrial District is to permit and encourage industrial activity in locations which will constitute a har...
General categoryINDUSTRIAL
JurisdictionCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.6
Parking Facility10.8
Spa & Massage10.5

Location

400 Lapp Rd Malvern, PA 19355
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Chesterfield, Malvern, PA 19355-8709 $4,000,000 Jun 2025 40,260 SF
600 Chesterfield, Malvern, PA 19355-8708 $4,000,000 Jun 2025 40,260 SF
47 General Warren, Malvern, PA 19355-1245 $2,125,000 Apr 2025 13,229 SF
266 Lancaster, Malvern, PA 19355-3256 $4,224,800 Mar 2025 24,411 SF
2350 Yellow Spgs, Malvern, PA 19355-9758 $1,400,000 Apr 2024 13,221 SF
10 Malin, Malvern, PA 19355-1743 $1,400,000 Mar 2024 23,622 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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