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    Property profile & analytics

    1055 Westlakes Dr Berwyn, PA 19312

    • Office buildings
    • 128,130 SF
    • 13.20 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US73-2144649
    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

    • Law Offices of Leslie I. Snyder P.A. / Immigration Attorney
    • Metka Law, LLC / Elder Law Attorney / Estate Planning Attorney
    • Lauren Merclean MA, LCSW / Mental Health Service
    • Stucco Inspection by Stucco Safe / Building Inspector / Commercial Real Estate Inspector
    • VitalStrategic Research Institute / Research Institute

    Property Details for 1055 Westlakes Dr

    Year built
    1991
    Lot size
    13.20 lot acres
    Property size
    128,130 SF
    Zone code
    OA
    Property type
    Office buildings
    APN
    4310 00360000
    APU
    431000360000

    Description

    This Class A, 30,121 square foot office building in Berwyn, Pennsylvania, offers a variety of executive suites, coworking, and creative office spaces. Located at 1055 Westlakes Drive, 3rd Floor, 19312, this Chester County property underwent renovations in 2019 and features striking modern interiors with glass frontage, marble, and granite accents. The building boasts 350 total suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Amenities include elevators, a comfortable business lounge, coffee machine, high-speed WiFi, and premium furniture. Various office options are available, ranging from fully furnished private offices for individuals or large companies to customized spaces, disaster recovery solutions, and day offices. A benefits program offering exclusive discounts and procurement support is also included. The building's convenient location provides easy access to numerous restaurants. This is an exceptional opportunity for businesses seeking a sophisticated and functional workspace in a prime location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4674
    Latitude
    40.0632
    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
    $324,620
    $876,000
    $8,340,000
    $9,216,000
    -
    $876,000
    $8,456,200
    $9,332,200

    Comparable in this City

    • Value Estimation by Request
      162,425 SF

      1205 Westlakes Dr

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      29 Brg Ave

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      29 Brg Ave, Berwyn, PA 19312-1715
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      2 Lakeside Ave

      OFFICE BUILDING • 6,704 SF
      2 Lakeside Ave, Berwyn, PA 19312-1631
      View Details
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      1,152 SF

      6 Lakeside Ave

      OFFICE BUILDING • 1,152 SF
      6 Lakeside Ave, Berwyn, PA 19312-1631
      View Details
    • Value Estimation
      $430,000
      5,596 SF

      1171 Lancaster Ave

      OFFICE BUILDING • 5,596 SF
      1171 Lancaster Ave, Berwyn, PA 19312-2602
      View Details
    • Value Estimation
      $1,430,000
      8,085 SF

      1125 Lancaster Ave

      OFFICE BUILDING • 8,085 SF
      1125 Lancaster Ave, Berwyn, PA 19312-2601
      View Details

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      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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    Similar Nearby for Lease

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      965 Chesterbrook Blvd, Berwyn, PA 19312
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      21,235 SF

      Class A Office Space Available

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    • $20 SF/Yr
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      Bronze Plaza Retail Space Available

      Prime Lancaster Ave Retail Space, 2,000-3,750 SF
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    • $25 SF/Yr
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      Berwyn Office Space for Lease

      Office space available for lease in Berwyn, Pennsylvania.
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      Berwyn Park Class A Office

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      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
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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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