480 Lancaster Ave Malvern, PA 19355
- Super regional malls
- 19,565 SF
- 1.27 lot acres
Current Use by Public Records
- Super regional malls
Property Details for 480 Lancaster Ave
- Year built
- 1970
- Lot size
- 1.27 lot acres
- Property size
- 19,565 SF
- Zone code
- R1
- Property type
- Super regional malls
- APN
- 4203 023702B0
- APU
- 4203023702B0
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,855,000
- 6.5%
- $4,225,000
- 7%
- $4,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,550,000
- Geo Method
- $3,880,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,480,000
- Retail
- $4,055,000
- Mixed-Use
- $3,860,000
- Hospitality
- $5,000,000
- Educational
- $4,315,000
- Residential Income
- $4,350,000
- Energy
- $3,835,000
- Income-Based Land
- $5,195,000
- Food Service
- $3,950,000
Location Insight
- Map
- Local Demand
- City
- Malvern
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.5637
- Latitude
- 40.0361
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA