Property profile

609 Lancaster Ave Malvern, PA 19355

OFF-MARKET
Office buildings
Property ID
US73-1408419
6,678 SF 0.57 ac lot Built 1799
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1799
Total area 6,678 SF
Lot 0.57 ac (24,674 SF)
Zoning code C3
APN 4203 01850000
UPID US73-1408419

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
  • Tattoo & Piercing Shop

Location

609 Lancaster Ave Malvern, PA 19355-1893
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
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2024
Last sale
$390,000
3 recorded transactions
2024
Price N/A
2006
$390,000
1969
Price N/A

Zoning & alternative use

C3 · Malvern, PA
Zoning description

5 - Residential District Article IX R6 - Residential District Article X R7 - Residential District Article XI Reserved Article XII C1 - Commercial District Article XIII C2 - Adaptive Reuse Commercial District Article XIV…

General category COMMERCIAL

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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