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Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
Flex space
271 Lancaster Ave Malvern, PA 19355-1884
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-5908847
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1961
Total area
60,880 SF
Lot
7.6 ac (331,056 SF)
Zoning code
R2
APN
4204 01000000
UPID
US73-5908847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.63M
Owner & transaction history
271 LP · 20 yrs held
271 LP
since 2005
7 recorded transactions
Zoning & alternative use
R2 · Malvern, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ocated. C. Base districts. For the purpose of this chapter, the Borough of Malvern is hereby divided into 18 classes of base districts which shall be designated as follows: Article IV R1 - Residential District Article V R2 - Residential District Article VI R3 (R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Reside…
Zone name
Residential 39.6 Acres
General category
RESIDENTIAL
Zone area
39.65 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Malvern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malvern submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$67,711
Tax year 2024
Assessed value
$2,362,880
Assessed 2024
Previous assessed
$2,362,880
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$1,364,300
Assessed improvement
$998,580
Land market value
$1,364,300
Improvement market value
$1,056,510
Total market value
$2,420,810
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1961
Heating
HOT WATER
Cooling
NONE
Buildings
2
Total area
60,880 SF
Lot
7.6 ac (331,056 SF)
Zoning code
R2
APN
4204 01000000
UPID
US73-5908847
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Malvern, PAZoning R2 · permitted uses
R2 · Malvern, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ocated. C. Base districts. For the purpose of this chapter, the Borough of Malvern is hereby divided into 18 classes of base districts which shall be designated as follows: Article IV R1 - Residential District Article V R2 - Residential District Article VI R3 (R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential Dis
Zone name
Residential 39.6 Acres
General category
RESIDENTIAL
Zone area
39.65 ac
Building & site characteristics
From public records
Year built
1961
Heating
HOT WATER
Cooling
Yes
Buildings
2
Lot
7.6 ac
Current owner
From public records · entity-resolved
271 LP
Entity
Mailing address
86 JANSEN AVE, ESSINGTON, PA 19029-1538
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2020
—
271 LP
—
Deed
related
$1,700,000 · Republic First Bank
Sep 15, 2005
$3,300,000
271 LP
Barker Pipe Fittings Co
Deed
$3,600,000 · Citizens Bank Of Pennsylvania
Dec 30, 2002
—
Barker Pipe Fittings Co
—
Deed Of Trust
related
$1,250,000 · Wachovia Bank NA
—
—
Penflex Corp
—
Deed Of Trust
related
$1,000,000 · Wachovia Bank NA
—
—
Penflex Corp
—
Deed Of Trust
related
$1,250,000 · Dnb First NA
—
—
Penflex Corp
—
Deed Of Trust
related
$1,125,000 · Dnb First NA
—
—
Penflex Corp
—
Deed Of Trust
related
$650,000 · Dnb First NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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