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    485/487/489 Devon Park Dr Wayne, PA 19087

    Sponsored
    For Lease
    $24 SF/Yr

    Wayne, PA Office Space Available

    Lot size:
    32,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Meadows Office Campus, located at 485/487/489 Devon Park Dr, Wayne, PA 19087, offers a diverse range of office spaces for lease. This Class B property, situated on 11.7 acres of land and conveniently located near Route 202 and the King of Prussia Mall, comprises three single-story buildings totaling 32,800 square feet. Built in 1982 and renovated in 2019, the campus caters to various business needs, accommodating traditional, executive, medical, and creative office spaces. Units range from a minimum of 650 square feet to a maximum contiguous space of 3,627 square feet, making it suitable for businesses of all sizes. The property is zoned O and boasts ample parking with 404 spaces available. Property taxes are $1.97 per square foot. The campus currently houses over 50 businesses and offers easy access to dining, recreation, and essential business services. This thriving community provides an ideal location for businesses seeking a well-maintained, conveniently located, and versatile office space in Wayne, Pennsylvania. Multiple tenancy options are available.

    Property Features for 0 485/487/489 Devon Park Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,800 SF
    Class
    B
    Total Rate
    67650

    Building Details

    Year Built/Renovated
    1982/2019
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 204B
    Size
    1,081 SF
    Rate per SF
    $24
    Space
    Suite 204A
    Size
    1,323 SF
    Rate per SF
    $24
    Space
    Suite 304
    Size
    1,370 SF
    Rate per SF
    $24
    Space
    Suite 309
    Size
    1,620 SF
    Rate per SF
    $24
    Space
    Suite 200
    Size
    1,993 SF
    Rate per SF
    $24
    Space
    Suite 302
    Size
    2,157 SF
    Rate per SF
    $24
    Space
    Suite 203
    Size
    2,707 SF
    Rate per SF
    $24
    Space
    Suite 210
    Size
    3,627 SF
    Rate per SF
    $24

    HighLights

    • Class B office campus totaling 32,800 square feet on 11.7 acres in Wayne, PA.
    • Located near Route 202 and King of Prussia Mall.
    • Three single‑story buildings with units ranging from 650 to 3,627 contiguous square feet.
    • Built in 1982, renovated in 2019, with ample parking (404 spaces).
    • Property taxes are $1.97 per square foot; O zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Wayne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.4152618
    Latitude
    40.0751889

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    FAQs

    What type of property is this?
    Office space - Wayne, PA Office Space Available
    Where is this office space located?
    The property is located at 485/487/489 Devon Park Dr Wayne, PA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Class B office campus totaling 32,800 square feet on 11.7 acres in Wayne, PA.; Located near Route 202 and King of Prussia Mall.; Three single-story buildings with units ranging from 650 to 3,627 contiguous square feet.
    Request Owner's contact information
    485/487/489 Devon Park Dr Wayne, PA 19087
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    Realmo Value Estimation

    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.

    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.

    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
    485/487/489 Devon Park Dr Wayne, PA 19087
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