Technical
Financial
Distress signals
Property profile

215 Lancaster Ave Malvern, PA 19355

OFF-MARKET
Super regional malls
Property ID
US73-1957426
48,230 SF 24.7 ac lot Built 1989
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1989
Total area 48,230 SF
Lot 24.7 ac (1,075,932 SF)
Zoning code C1
APN 4204 00970100
UPID US73-1957426

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Training Center Tutoring Service
  • Electronics & Wireless Store
  • Physician
  • Physician

Location

215 Lancaster Ave Malvern, PA 19355-1874
Malvern metro Census 302103 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$1.77M

Owner & transaction history

since 2016
5 recorded transactions
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Malvern, PA
Zoning description

(R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential District Article XI Reserved Article XII…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $2.2M +53.8%
Warehouse, storage $2.0M +41.5%
Industrial (general) $1.7M +17.3%

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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