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    1301 Lancaster Ave Berwyn, PA 19312

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    1301 Lancaster Ave Berwyn, PA 19312

    View on Map
    • Office buildings
    • 14,063 SF
    • 0.92 lot acres
    For Lease
    $20 SF/Yr
    View Listing →
    Office Space on Lancaster Avenue For Lease
    $20 SF/Yr
    2,070 SF

    Office Space on Lancaster Avenue

    Office space for lease with high visibility and ample parking.

    1301 Lancaster Ave, Berwyn, PA
    View Listing
    Property ID
    US73-0167487
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brandolini Co / Real Estate Agency
    • UPS Drop Box / Courier Service / Postal Service
    • Eileen Leone-Taylor / Dental Office
    • Karkowski Beth / Dental Office
    • George Myra / Dental Office

    Property Details for 1301 Lancaster Ave

    Year built
    1985
    Lot size
    0.92 lot acres
    Property size
    14,063 SF
    Zone code
    R1
    Property type
    Office buildings
    APN
    4310K01270100
    APU
    4310K01270100

    Description

    This exceptional three-story office building, situated at 1301 Lancaster Avenue in Berwyn, Pennsylvania, presents a fantastic leasing opportunity. Boasting 14,063 square feet of well-maintained space, this traditional office building offers multiple suites ranging from 1,420 to 2,070 square feet. Built in 1985, the property sits on a 0.91-acre lot and is zoned C1 Commercial, providing flexibility for a variety of businesses. The building features ample on-site parking with 40 spaces, ensuring convenient access for tenants and their clients. Located in a high-traffic area with strong demographics, this property benefits from excellent visibility and signage opportunities along Lancaster Avenue. The professional tenant mix contributes to a desirable and productive work environment. On-site management ensures smooth operations and responsive maintenance. The lease rate is $24 per square foot per year. This Chester County property offers a compelling combination of location, amenities, and space, making it an ideal choice for businesses seeking a thriving and accessible office environment. The property's convenient location and ample parking make it an attractive option for employees and clients alike.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,650,000
      Market price range: $1.78M - $3.81M
      AI Estimate
      $1,418,000
      Market price range: $430k - $2.50M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,615,000
      Current use
      COMMERCIAL (GENERAL)
      $3,210,000
      Change: +23% Conversion: Easy
      RESTAURANT
      $3,040,000
      Change: +16% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,005,000
      Change: +15% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,670,000
      Change: +2% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.459
    Latitude
    40.0429
    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
    $36,954
    $162,740
    $886,380
    $1,049,120
    -
    $162,740
    $897,410
    $1,060,150

    Comparable in this City

    • Value Estimation
      $20,735,000
      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
      $2,590,000
      18,350 SF

      22 Cassatt Ave

      OFFICE BUILDING • 18,350 SF
      22 Cassatt Ave, Berwyn, PA 19312-1325
      View Details
    • Value Estimation
      $635,000
      2,745 SF

      1057 Lancaster Ave

      OFFICE BUILDING • 2,745 SF
      1057 Lancaster Ave, Berwyn, PA 19312-1242
      View Details
    • Value Estimation
      $1,255,000
      7,711 SF

      1201 Swedesford Rd

      OFFICE BUILDING • 7,711 SF
      1201 Swedesford Rd, Berwyn, PA 19312-1070
      View Details
    • Value Estimation
      $21,215,000
      162,425 SF

      1205 Westlakes Dr

      OFFICE BUILDING • 162,425 SF
      1205 Westlakes Dr, Berwyn, PA 19312-2405
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Turnkey Office Building on Lancaster

      Professional office building in Berwyn, PA, ideal for various firms.
      1273 Lancaster Ave, Berwyn, PA 19312
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      0.07 Acres

      Berwyn Office Building For Lease

      Prime Berwyn location, 2910 sq ft office space.
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    • $3,500,000
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      4.7 Acres Land with Homes

      Land with two homes in Tredyffrin-Easttown School District.
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      Retail Space Near King of Prussia

      Retail property with highway visibility, near King of Prussia Mall.
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    • $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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    Similar Nearby for Lease

    • Contact for pricing
      20,516 SF

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      Energy-efficient office space with on-site amenities in Berwyn, PA.
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      41,670 SF

      Office Space in Chesterbrook

      Office space for lease in Chesterbrook, Pennsylvania with ample parking.
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      2,584 SF

      Berwyn Office Space for Rent

      Office space in a well-connected Berwyn location.
      1000 Westlakes Dr, Berwyn, PA 19312
      View Details
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      2,070 SF

      Office Space on Lancaster Avenue

      Office space for lease with high visibility and ample parking.
      1301 Lancaster Ave, Berwyn, PA 19312
      View Details
    • Contact for pricing
      21,035 SF

      Class A Office Space Available

      Luxurious office park setting with convenient access to amenities.
      1180 W Swedesford Rd, Berwyn, PA 19312
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      2,358 SF

      Berwyn Office Space for Rent

      Office space in a well-connected Berwyn location.
      1205 Westlakes Dr, Berwyn, PA 19312
      View Details
    View Listing
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    1301 Lancaster Ave
    Berwyn, PA 19312
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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