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    Property profile & analytics

    1050 Westlakes Dr Berwyn, PA 19312-2400

    • Office buildings
    • 78,876 SF
    • 6.30 lot acres
    OFF-MARKET
    Value Estimation
    $24,500,000
    Last Sale
    Jan 06, 2021
    $23,563,125
    Location Intelligence
    Property ID
    US73-0421215
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • TE Connectivity / Manufacturer / Electrical Supply Store

    Property Details for 1050 Westlakes Dr

    Year built
    1992
    Lot size
    6.30 lot acres
    Property size
    78,876 SF
    Zone code
    OA
    Property type
    Office buildings
    APN
    4310 00380000
    APU
    431000380000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $24,325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $25,325,000
      6.5%
      $23,540,000
      7%
      $23,680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $20,655,000
      Geo Method
      $22,870,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $26,585,000
      Retail
      $24,340,000
      Mixed-Use
      $20,400,000
      Hospitality
      $28,235,000
      Educational
      $21,330,000
      Residential Income
      $20,640,000
      Energy
      $23,155,000
      Income-Based Land
      $22,130,000
      Food Service
      $23,175,000

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4705
    Latitude
    40.0622
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $202,887
    $558,000
    $5,202,000
    $5,760,000
    -
    $558,000
    $5,253,770
    $5,811,770

    Comparable in this City

    • Value Estimation by Request
      161,878 SF

      1235 Westlakes Dr

      OFFICE BUILDING • 161,878 SF
      1235 Westlakes Dr, Berwyn, PA 19312-2401
      View Details
    • Value Estimation by Request
      167,192 SF

      899 Cassatt Rd

      OFFICE BUILDING • 167,192 SF
      899 Cassatt Rd, Berwyn, PA 19312-1190
      View Details
    • Value Estimation
      $2,860,000
      18,350 SF

      22 Cassatt Ave

      OFFICE BUILDING • 18,350 SF
      22 Cassatt Ave, Berwyn, PA 19312-1325
      View Details
    • Value Estimation by Request
      14,063 SF

      1301 Lancaster Ave

      OFFICE BUILDING • 14,063 SF
      1301 Lancaster Ave, Berwyn, PA 19312-1290
      View Details
    • Value Estimation
      $670,000
      2,745 SF

      1057 Lancaster Ave

      OFFICE BUILDING • 2,745 SF
      1057 Lancaster Ave, Berwyn, PA 19312-1242
      View Details
    • Value Estimation by Request
      7,711 SF

      1201 Swedesford Rd

      OFFICE BUILDING • 7,711 SF
      1201 Swedesford Rd, Berwyn, PA 19312-1070
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.07 Acres

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      Prime Berwyn location, 2910 sq ft office space.
      685 Kromer Ave, Berwyn, PA 19312
      View Details
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      Pending

      BERWYN Office Carriage Home

      Well-maintained office carriage home in Waynesborough Woods community.
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      Versatile Land with Development Potential

      4.7 acres with two homes in Tredyffrin-Easttown School District.
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    • $698,000

      Waterview Townhome in Daylesford Lake

      Comfortable townhome with lake views, modern amenities, and convenient location.
      160 Daylesford Blvd, Berwyn, PA 19312
      View Details
    • $1,999,000
      2.40 Acres

      Prime Land in Berwyn, PA

      2.4 acre corner property suitable for residential or commercial development.
      1250 Swedesford Rd, Berwyn, PA 19312
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    • $3,990,000
      8,959 SF

      Renovated Farmhouse on Sprawling Acres

      Luxurious, renovated stone farmhouse on six acres in Easttown Township.
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    Similar Nearby for Lease

    • Contact for pricing
      41,670 SF

      Office Space in Chesterbrook

      Office space for lease in Chesterbrook, Pennsylvania with ample parking.
      965 Chesterbrook Blvd, Berwyn, PA 19312
      View Details
    • Contact for pricing
      21,235 SF

      Class A Office Space Available

      Energy-efficient office space with on-site amenities in Berwyn, PA.
      1160 W Swedesford Rd, Berwyn, PA 19312
      View Details
    • $20 SF/Yr
      5,650 SF

      Bronze Plaza Retail Space Available

      Prime Lancaster Ave Retail Space, 2,000-3,750 SF
      511 Old Lancaster Rd, Berwyn, PA 19312
      View Details
    • $25 SF/Yr
      3,000 SF

      Berwyn Office Space for Lease

      Office space available for lease in Berwyn, Pennsylvania.
      1171 Lancaster Ave, Berwyn, PA 19312
      View Details
    • Contact for pricing
      4,550 SF

      Berwyn Park Class A Office

      Class A office space in a picturesque park setting.
      801 Cassatt Rd, Berwyn, PA 19312
      View Details
    • Contact for pricing
      2,584 SF

      Berwyn Office Space with Amenities

      Office space in Berwyn with fitness center and shuttle.
      1000 Westlakes Dr, Berwyn, PA 19312
      View Details
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    Berwyn, PA 19312-2400
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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
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