Financial
Distress signals
Property profile

229 Wayne Ave Wayne, PA 19087

OFF-MARKET
Other commercial real estate
Property ID
US73-1674027
2,475 SF 0.6 ac lot Built 2014
Last sale Dec 2024 · $1,525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property located at 229 W Wayne Ave in Wayne, Pennsylvania (19087) is an office building that was used as a law firm headquarters. It has an existing office configuration that can be evaluated for suitability for high-end office, medical, or retail uses. Zoning and other regulatory details are not specified in the provided information.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$18k
Tax billed · 2024
Assessed value$876k
Assessed land$281k
Assessed improvement$596k
Effective rate2.02%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$128 – $272
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Locksmith9.1
Convenience Store8.9

Location

229 Wayne Ave Wayne, PA 19087-3917
County assessor Recorded deeds · 7 transfers 24 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
314 316th E Lancaster, Wayne, PA 19087 $8,650,000 Jul 2025 2,871 SF
223 Lancaster, Wayne, PA 19087-3526 $3,000,000 Jun 2024 3,010 SF
197 Lancaster, Wayne, PA 19087-3525 $1,525,000 Dec 2023 2,340 SF
193 Lancaster, Wayne, PA 19087-3525 $519,838 Dec 2023 2,292 SF
12 Louella, Wayne, PA 19087-3528 $474,424 Dec 2023 1,963 SF
398 Lancaster, Wayne, PA 19087-3924 $1,550,000 Nov 2023 3,025 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 229 Wayne Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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