Property profile

383 Lancaster Ave Malvern, PA 19355

OFF-MARKET
Office buildings
Property ID
US73-1347001
7,440 SF 0.68 ac lot Built 1998
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Total area 7,440 SF
Lot 0.68 ac (29,613 SF)
Zoning code C1
APN 4204N00410000
UPID US73-1347001

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
  • Daycare Center

Location

383 Lancaster Ave Malvern, PA 19355-1849
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.31M

Owner & transaction history

since 2018
4 recorded transactions
2018
$3.0M
2016
Price N/A
2015
$1.5M
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
Commercial (general) $1.7M +27.4%
Restaurant $1.6M +20.8%
Auto repair, garage $1.6M +19.3%

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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