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    Property profile & analytics

    459 Lancaster Ave Devon, PA 19333-1509

    • Auto shops
    • 15,942 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $6,450,000
    Last Sale
    Feb 03, 2022
    $6,000,000
    Location Intelligence
    Property ID
    US73-1438300
    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.

    Current Use by Public Records

    • RDS INEOS Grenadier / Car Dealer
    • Nissan of The Main Line Parts / Auto Repair Shop / Auto Parts Store
    • Nissan Charging Station / Electric Vehicle Charging Station

    Property Details for 459 Lancaster Ave

    Year built
    1977
    Lot size
    1.50 lot acres
    Property size
    15,942 SF
    Zone code
    PBO
    Property type
    Auto shops
    APN
    5502M01440200
    APU
    5502M01440200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,605,000
      6.5%
      $5,750,000
      7%
      $5,990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,160,000
      Geo Method
      $5,850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,730,000
      Retail
      $6,090,000
      Mixed-Use
      $5,800,000
      Hospitality
      $5,185,000
      Educational
      $5,395,000
      Residential Income
      $4,670,000
      Energy
      $5,695,000
      Income-Based Land
      $5,105,000
      Food Service
      $5,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Devon
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4329
    Latitude
    40.0467
    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
    $38,919
    $414,370
    $629,050
    $1,043,420
    -
    $414,370
    $712,230
    $1,126,600

    Comparable in this City

    • Value Estimation
      $4,705,000
      22,662 SF

      119 Lancaster Ave

      AUTO REPAIR, GARAGE • 22,662 SF
      119 Lancaster Ave, Devon, PA 19333-1503
      View Details
    • Value Estimation by Request
      45,306 SF

      222 Lancaster Ave

      AUTO REPAIR, GARAGE • 45,306 SF
      222 Lancaster Ave, Devon, PA 19333-2500
      View Details
    • Value Estimation
      $525,000
      3,818 SF

      149 Old Lancaster Rd

      AUTO REPAIR, GARAGE • 3,818 SF
      149 Old Lancaster Rd, Devon, PA 19333-1439
      View Details
    • Value Estimation by Request
      32,279 SF

      214 Lancaster Ave

      AUTO REPAIR, GARAGE • 32,279 SF
      214 Lancaster Ave, Devon, PA 19333-1506
      View Details
    • Value Estimation by Request
      19,739 SF

      315 Lancaster Ave

      AUTO REPAIR, GARAGE • 19,739 SF
      315 Lancaster Ave, Devon, PA 19333-1507
      View Details
    • Value Estimation by Request
      3,032 SF

      311 Lancaster Ave

      AUTO REPAIR, GARAGE • 3,032 SF
      311 Lancaster Ave, Devon, PA 19333-1507
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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      Main Line Office Space Available

      Office space for lease in the heart of Main Line.
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    • Contact for pricing
      1,092 SF

      Office Space Near Devon Station

      Office space for rent, conveniently located near Devon SEPTA Station.
      227 W Lancaster Ave, Devon, PA 19333
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    • Contact for pricing
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      Office Space Near Devon Station

      Office space for rent, close to Devon SEPTA Station.
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    459 Lancaster Ave
    Devon, PA 19333-1509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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