400 Lapp Rd Malvern, PA 19355
Property profile & analytics
400 Lapp Rd Malvern, PA 19355
- Office buildings
- 28,592 SF
- 3.60 lot acres
Property ID
US73-2242854
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 400 Lapp Rd
- Year built
- 1999
- Lot size
- 3.60 lot acres
- Property size
- 28,592 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 4204 00240000
- APU
- 420400240000
Description
This exceptional Class A office building, located at 400 Lapp Rd, Malvern, PA 19355, offers a rare opportunity to lease premium office space. Built in 1999, the single building comprises 28,592 square feet situated on a generous 3.6 acres of land. The property is ideally suited for multiple tenants, with a minimum divisible space of 7,000 square feet and a maximum contiguous space of 14,296 square feet. Currently, there are two suites available within the building, providing flexibility for businesses of varying sizes. The building's traditional office design offers a professional and efficient workspace. Its prime location in Malvern, Pennsylvania, ensures easy access to major transportation routes and amenities. This is a fantastic opportunity to secure high-quality office space in a desirable location. The property is classified as Class A, reflecting its superior construction, amenities, and location. Don't miss this chance to establish your business in this prestigious Malvern address. Contact us today to schedule a viewing and explore the possibilities.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,990,000
- 6.5%
- $7,375,000
- 7%
- $6,850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,352,000
- AI Estimate
- $4,433,000
Market price range: $3.47M - $7.35MMarket price range: $699k - $4.43M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,120,000 Current use
- COMMERCIAL (GENERAL)
- $6,525,000 Change: +27% Conversion: Easy
- RESTAURANT
- $6,185,000 Change: +21% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $6,110,000 Change: +19% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,430,000 Change: +6% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Malvern
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.542
- Latitude
- 40.0578
- 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
$94,278
$231,000
$3,059,000
$3,290,000
-
$231,000
$3,158,810
$3,389,810
