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Property profile

197 Lancaster Ave 199 Wayne, PA 19087

OFF-MARKET
Commercial real estate
Property ID
US73-1928127
View Sample
2,340 SF 0.11 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction STONE
Total area 2,340 SF
Lot 0.11 ac (4,611 SF)
APN 36-01-00317-00
UPID US73-1928127

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M

Owner & transaction history

since 2023
Last sale
$1.5M
2 recorded transactions
2025
Price N/A
2023
$1.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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