Technical
Financial
Distress signals
Property profile

490 Lancaster Ave Malvern, PA 19355

OFF-MARKET
Super regional malls
Property ID
US73-2131542
38,010 SF 3.28 ac lot Built 1977
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1977
Total area 38,010 SF
Lot 3.28 ac (142,877 SF)
Zoning code R1
APN 4203 02370100
UPID US73-2131542

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
  • Hair Salon
  • Take-out & Catering Catering Service
  • Nail Salon
  • Family Recreation Center
  • Post Office Logistics Service

Location

490 Lancaster Ave Malvern, PA 19355-1833
Malvern metro Census 302103 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
by Request
Comparable Approach Comparable
$738k
Blend (final) Blend
$805k

Owner & transaction history

since 2019
7 recorded transactions
2023
Price N/A
2019
$5.5M
2019
Price N/A
2018
Price N/A
2007
$9.3M
2005
Price N/A
2005
Price N/A

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
Top alternative use upside
Industrial (general) $1.3M +17.3%

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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