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    Property profile & analytics

    1770 Lancaster Ave Paoli, PA 19301

    • Super regional malls
    • 15,500 SF
    • 2.44 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1231893
    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

    • Mitros Insurance / Home Insurance Agency / Auto Insurance Agency
    • Clear Medical Revenue Services, LLC / Medical Billing Service / Business Management Consultant
    • Retif Jane / Holistic Medicine Practitioner
    • Castlebridge Management, LLC / Property Management Company
    • Main Line Grace Education / Dance School

    Property Details for 1770 Lancaster Ave

    Year built
    1958
    Lot size
    2.44 lot acres
    Property size
    15,500 SF
    Zone code
    SPDD
    Property type
    Super regional malls
    APN
    4309M01990000
    APU
    4309M01990000

    Description

    This exceptional executive office suite, totaling 300 square feet, is ideally situated at 1770 E. Lancaster Avenue in Paoli, Pennsylvania, zip code 19301. Located above shops at 1776 Paoli Plaza, this single-tenant space offers a convenient and prestigious address. The building itself is a two-story structure encompassing 10,000 square feet, with this particular suite representing a portion of the currently available space. The property features no elevators. This is a fantastic opportunity for a small business seeking a professional and easily accessible location. The suite's prime location off Lancaster Avenue provides excellent visibility and convenient access to local amenities and transportation. The address is 1770 E Lancaster Ave, Paoli, PA 19301. The property type is office, specifically an executive office suite. The building consists of one building with two stories. While the total building square footage is 10,000 square feet, 300 square feet are currently vacant and available for lease. This space is perfect for a variety of businesses seeking a smaller, efficient workspace in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $455,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $750,000
      Market price range: $281k - $751k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $460,000
      Current use
      WAREHOUSE, STORAGE
      $885,000
      Change: +92% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $710,000
      Change: +54% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $595,000
      Change: +29% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4743
    Latitude
    40.0417
    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
    $93,234
    $631,450
    $2,015,490
    $2,646,940
    -
    $631,450
    $2,051,260
    $2,682,710

    Comparable in this City

    • Value Estimation
      $660,000
      29,820 SF

      30 Lancaster Ave

      REGIONAL SHOPPING CENTER, MALL • 29,820 SF
      30 Lancaster Ave, Paoli, PA 19301-1342
      View Details
    • Value Estimation
      $1,455,000
      36,640 SF

      82 Lancaster Ave, Unit A-1A

      REGIONAL SHOPPING CENTER, MALL • 36,640 SF
      82 Lancaster Ave, Paoli, PA 19301-1400
      View Details
    • Value Estimation
      $1,550,000
      82,798 SF

      35 Leopard Rd

      REGIONAL SHOPPING CENTER, MALL • 82,798 SF
      35 Leopard Rd, Paoli, PA 19301-1518
      View Details
    • Value Estimation by Request
      6,224 SF

      21 Plank Ave Ste, Unit 112

      REGIONAL SHOPPING CENTER, MALL • 6,224 SF
      21 Plank Ave Ste, Paoli, PA 19301-1785
      View Details
    • Value Estimation
      $505,000
      19,926 SF

      19 Paoli Plz

      REGIONAL SHOPPING CENTER, MALL • 19,926 SF
      19 Paoli Plz, Paoli, PA 19301-1303
      View Details
    • Value Estimation by Request
      1,440 SF

      1776 Lancaster Ave

      Neighborhood centers • 1,440 SF
      1776 Lancaster Ave, Paoli, PA 19301
      View Details

    Similar Nearby for Sale

    • $6,400,000
      23,454 SF

      Paoli Center: Retail Investment

      Prime Paoli Shopping Center, 100% Occupied
      1616 Lancaster Ave, Paoli, PA 19301
      View Details
    • Contact for pricing
      2.44 Acres

      Paoli Retail Space - Route 30

      High-visibility retail space, ample parking.
      1776 Lancaster Ave, Paoli, PA 19301
      View Details
    • Contact for pricing
      2.44 Acres

      Paoli Plaza Office Space Available

      Prime 2nd Floor Office, Paoli, PA
      1770 Lancaster Ave, Paoli, PA 19301
      View Details
    • Contact for pricing
      0.52 Acres

      Paoli Office Suite - Great Location

      250 SF Office Near Paoli Train Station
      45 Darby Rd Unit, Paoli, PA 19301
      View Details
    • Contact for pricing
      0.62 Acres

      Paoli Office Building For Sale

      Standalone Office, High Visibility, Ample Parking
      98 Darby Rd, Paoli, PA 19301
      View Details
    • $5,250,000

      Industrial Property for Sale

      Industrial property available for purchase in Paoli, Pennsylvania.
      37 Industrial Blvd, Paoli, PA 19301
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      1,440 SF

      Paoli Retail Space: 1440 SF

      High-traffic retail space, excellent visibility.
      1776 Lancaster Ave, Paoli, PA 19301
      View Details
    • $3,000,000
      6,106 SF

      Prime Retail Space in Paoli

      Located in a busy, mixed-use shopping center on the Main Line.
      14 Paoli Shopping Ctr, Paoli, PA 19301
      View Details
    • $20 SF/Yr
      1,600 SF

      Retail Space on Lancaster Avenue

      1,600 SF retail space with high visibility and signage.
      68 E Lancaster Ave, Paoli, PA 19301
      View Details
    • $15 SF/Yr
      1,025 SF

      Office or Retail Space Available

      Multiple spaces for lease suitable for office or retail use.
      21 Plank Ave, Paoli, PA 19301
      View Details
    • $21 SF/Yr
      1,370 SF

      Paoli Office Space for Rent

      First floor office suite with private offices and conference room.
      41-43 Leopard Rd, Paoli, PA 19301
      View Details
    • $18 SF/Yr
      800 SF

      Paoli Office Space For Rent

      Office space with high visibility and ample parking available.
      185 W Lancaster Ave, Paoli, PA 19301
      View Details
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    1770 Lancaster Ave
    Paoli, PA 19301
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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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