Technical
Financial
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Property profile

480 Lancaster Ave 2 Malvern, PA 19355

OFF-MARKET
Super regional malls
Property ID
US73-5690656
19,565 SF 1.27 ac lot Built 1970
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Frazer Shopping Center and offers a single-tenant space ranging from 1,650 to 4,000 square feet. The entire building comprises 11,910 square feet, currently vacant and ready for immediate occupancy. This presents a unique chance for a business to establish a strong presence in a well-situated commercial center. The flexible space allows for customization to suit a variety of retail concepts. The property's high visibility ensures significant foot traffic and exposure to potential customers. The single-tenant configuration offers complete control and autonomy over the space. This is an ideal location for businesses seeking a prominent retail presence with ample space for operations and inventory. The property is classified as commercial retail and is available for lease on a single-tenant basis. Interested parties are encouraged to inquire for further details and leasing options. The total building size provides significant space for expansion or future development. The completely vacant building allows for a fresh start and complete design flexibility. This prime retail location offers an excellent opportunity for growth and success. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1970
Total area 19,565 SF
Lot 1.27 ac (55,318 SF)
Zoning code R1
APN 4203 023702B0
UPID US73-5690656

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
  • Barber Shop
  • Alternative Medicine Practice
  • Dental Office
  • Medical Clinic
  • Take-out & Catering Catering Service

Location

480 Lancaster Ave, Unit 2 Malvern, PA 19355-1834
Malvern metro Census 302103 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.60M
CAP Approach CAP
$2.97M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.60M

Owner & transaction history

since 2024
Last sale
$4.6M
1 recorded transaction
2024
$4.6M

Zoning & alternative use

R1 · Malvern, PA
Zoning description

ct in which the building or lot is located. 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…

General category RESIDENTIAL

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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