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    Property profile & analytics

    466 Devon Park Dr Wayne, PA 19087-1816

    • Office buildings
    • 153,470 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 28, 2022
    $57,000,000
    Location Intelligence
    Property ID
    US73-2196201
    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

    • Charles River Laboratory International, Inc / Medical Laboratory
    • PPD Inc / Drug Testing Service / Laboratory

    Property Details for 466 Devon Park Dr

    Year built
    1975
    Lot size
    10.00 lot acres
    Property size
    153,470 SF
    Zone code
    LI
    Property type
    Office buildings
    APN
    4306K00660000
    APU
    4306K00660000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4147
    Latitude
    40.0729
    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
    $196,288
    $975,000
    $4,597,640
    $5,572,640
    -
    $975,000
    $4,695,640
    $5,670,640

    Comparable in this City

    • Value Estimation by Request
      87,930 SF

      595 Swedesford Rd, Unit 100

      OFFICE BUILDING • 87,930 SF
      595 Swedesford Rd, Wayne, PA 19087-1615
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    • Value Estimation by Request
      129,200 SF

      1041 Vly Rd

      OFFICE BUILDING • 129,200 SF
      1041 Vly Rd, Wayne, PA 19087-1819
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    • Value Estimation by Request
      69,672 SF

      575 Swedesford Rd Ste, Unit 208

      OFFICE BUILDING • 69,672 SF
      575 Swedesford Rd Ste, Wayne, PA 19087-1613
      View Details
    • Value Estimation by Request
      65,664 SF

      1275 Drummers Ln Ste, Unit 210

      OFFICE BUILDING • 65,664 SF
      1275 Drummers Ln Ste, Wayne, PA 19087-1571
      View Details
    • Value Estimation by Request
      11,232 SF

      305 Lancaster Ave

      PROFESSIONAL BUILDING • 11,232 SF
      305 Lancaster Ave, Wayne, PA 19087
      View Details
    • Value Estimation by Request
      34,740 SF

      601 Lee Rd

      OFFICE BUILDING • 34,740 SF
      601 Lee Rd, Chesterbrook, PA 19087-5605
      View Details

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      Office Condo For Sale

      Office condo with direct entry and highway access.
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      Wayne Mixed-Use Commercial Property

      Live & Work in Prime Wayne Location
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    Similar Nearby for Lease

    • $5,279 /Mo

      Main Line Office Opportunity

      Freestanding office building with frontage on Lancaster Avenue.
      528 E Lancaster Ave, Wayne, PA 19087
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      233,120 SF

      Chesterbrook Premier HQ Office Sublease

      Sublease opportunity in Chesterbrook, Wayne, PA, offering premier office space.
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      Office space featuring fitness center, kitchen, and conference facilities.
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      20,007 SF

      Office Space in Chesterbrook

      Office space available for lease in Wayne, Pennsylvania.
      600 Lee Rd, Wayne, PA 19087
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    • Contact for pricing
      8,231 SF

      Flexible Office and Coworking Space

      Flexible office and coworking space with fitness center and cafe.
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    • $22 SF/Yr
      2,200 SF

      Wayne Office/Medical Space Available

      Two-story office/medical building with space for rent near Route 30.
      351 E Conestoga Rd, Wayne, PA 19087
      View Details
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    466 Devon Park Dr
    Wayne, PA 19087-1816
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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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