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Property profile

1200 Morris Dr Chesterbrook, PA 19087

OFF-MARKET
Other commercial real estate
Property ID
US73-0958850
6.7 ac lot
Last sale Nov 2013 · $21,500,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

1200 Morris Drive is an office property configured for professional users within a suburban campus setting. The site contains 6,414 square feet of office space and is located in the Keystone Innovation Zone, with access to Routes 202, 252, 244, and 76 and nearby public transportation. Amenities described for the property include a 24/7 fitness center, shower facilities, outdoor seating, electric vehicle charging, and an on-site micro market. A trail system near the building provides connections…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$421k
Assessed land$251k
Assessed improvement$170k
Effective rate3.52%

Value estimate

· Oct 2026
$420k
$378k – $462k
AI approach$420k

Realmo valuation models over county records.

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

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

What can be built here?
OA
JurisdictionCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.5
Auto Repair Shop19.5
Wholesale Shop19.3

Location

1200 Morris Dr Chesterbrook, PA 19087-5507
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

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
204 Strafford, Wayne, PA 19087-3107 $4,957,800 Jan 2026 8,201 SF
314 316th E Lancaster, Wayne, PA 19087 $8,650,000 Jul 2025 2,871 SF
240 Lancaster, Wayne, PA 19087-4257 $950,000 Feb 2025 4,426 SF
230 Wayne, Wayne, PA 19087-3922 $1,050,000 Nov 2024 12,347 SF
229 Wayne, Wayne, PA 19087-3917 $1,525,000 Sep 2024 2,475 SF
108 Lancaster, Wayne, PA 19087-4146 $1,220,000 Aug 2024 9,834 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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