Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    400 Lapp Rd Malvern, PA 19355

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $7,500,000

    Land parcel available in East Whiteland Township, Chester County.

    Property size:
    28,592 SF
    Added:
    Mar 12, 2026
    Days on Market:
    38
    Last Refresh:
    Mar 16 at 8:23 am

    Property Features for 400 Lapp Rd

    General Information

    Standard status
    Active
    Size
    28,592 SF

    Building Details

    Year Built
    1999

    We can help!

    Listing Contact
    Anthony T Nanni

    Listing agent Anthony T Nanni

    Listing office Berkshire Hathaway HomeServices Fox & Roach, Realtors

    Listing date Mar 12, 2026

    Source Evrealestate

    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 Berkshire Hathaway HomeServices Fox & Roach, Realtors

    Overview

    Malvern Land Parcel For Sale

    Located in East Whiteland Township, Chester County, this land parcel is available for sale. The property has a size of 28592 square feet. The location can be accessed from US-202 N, US-322 W, or Wilmington Pike to East Whiteland Township. Access is also available from PA-401 W, Alroy Rd to Lapp Rd.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malvern
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5420493
    Latitude
    40.0578003

    Nearby Similar for Sale

    • $695,000

      Prime Commercial Land on Main

      1.10 acres of high-visibility commercial land on Lancaster Avenue.
      497 LANCASTER Avenue, MALVERN, PA 19355
      View Details
    • $1,395,000
      7,456 SF

      Malvern Commercial Property with HB Zoning

      Highway Business District property with versatile mixed-use potential in Malvern.
      514 E KING ROAD, MALVERN, PA 19355
      View Details
    • $30

      Malvern Flex/Industrial Space Available

      Flex/Industrial space available from 7,148 to 28,592 sq. ft.
      400 LAPP ROAD, MALVERN, PA 19355
      View Details
    • $4,250
      2,979 SF

      Newly Renovated Malvern Office Building

      Prime location with modern, flexible floor plans and ample parking.
      222 E King St, Malvern, PA 19355
      View Details
    • Contact for pricing
      6,200 SF

      Malvern Medical/Professional Office Building

      Two-story building ideal for medical or professional office use.
      22 South Morehall Road, Malvern, PA 19355
      View Details
    • $25
      6,200 SF

      Malvern Medical Office Building For Sale

      Two-story medical office building with value-add infrastructure and high visibility.
      22 South Morehall Road, Malvern, PA 19355
      View Details
    • $695,000
      47,916 SF

      Prime Commercial Land on Lancaster

      1.10 acres of high-visibility commercial land and building.
      397 Lancaster Ave, Malvern, PA 19355
      View Details
    • $1,125,000
      3,280 SF

      Malvern Commercial Building For Sale

      Commercial building available for purchase in Malvern, Pennsylvania.
      353 Lancaster Ave, Malvern, PA 19355
      View Details
    • $200,000
      1,000 SF

      Malvern Office Condo For Sale

      Office condo with private offices, conference room, and kitchenette.
      270-274 Lancaster Ave, Malvern, PA
      View Details
    • $230,000
      1,148 SF

      Updated Office Condo For Sale

      Fully leased office condo in Chester County Commons.
      4-16 Mystic Ln, Malvern, PA
      View Details
    • Contact for pricing
      2,964 SF

      Well-Maintained Office Suite For Sale

      2,964 SF office suite suitable for professional services.
      605 Swedesford Rd, Malvern, PA
      View Details
    • $1,800,000
      10,080 SF

      Warehouse and Office Space Available

      Warehouse and office space for sale in Malvern, Pennsylvania.
      11 General Warren Blvd, Malvern, PA
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land parcel available in East Whiteland Township, Chester County.
    Where is this commercial land located?
    The property is located at 400 Lapp Rd Malvern, PA.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: Located in Chester County.; Built in 1999.; Enjoy the comfort of central air conditioning.
    (610) 388-3700
    We can help!
    Listing Contact
    Anthony T Nanni
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!