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    Property profile & analytics

    868 Lancaster Ave Devon, PA 19333-2361

    • Turn key restaurants
    • 7,108 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US73-1219910
    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

    • Permanant Solutions / Beauty Salon / Hair Salon
    • Community Floor Inc / Carpet Store
    • Joseph C. Calabro CPA / Accountant
    • DF Sheridan Inc / Custom Home Builder / Construction Company
    • John Troncelliti / Barber Shop

    Property Details for 868 Lancaster Ave

    Year built
    1980
    Lot size
    0.23 lot acres
    Property size
    7,108 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    4311F02670000
    APU
    4311F02670000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $475,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $540,000
      Retail
      $500,000
      Mixed-Use
      $495,000
      Hospitality
      $550,000
      Educational
      $425,000
      Residential Income
      $465,000
      Energy
      $545,000
      Income-Based Land
      $575,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Devon
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.414
    Latitude
    40.048
    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
    $13,932
    $110,000
    $285,530
    $395,530
    -
    $110,000
    $290,780
    $400,780

    Comparable in this City

    • Value Estimation
      $830,000
      28,836 SF

      300 Lancaster Ave

      RESTAURANT • 28,836 SF
      300 Lancaster Ave, Devon, PA 19333-1500
      View Details
    • Value Estimation
      $340,000
      4,283 SF

      896 Lancaster Ave

      RESTAURANT • 4,283 SF
      896 Lancaster Ave, Devon, PA 19333-1316
      View Details
    • Value Estimation
      $345,000
      3,636 SF

      886 Lancaster Ave

      RESTAURANT • 3,636 SF
      886 Lancaster Ave, Devon, PA 19333-1660
      View Details
    • Value Estimation by Request
      32,958 SF

      822 Lancaster Ave

      RESTAURANT • 32,958 SF
      822 Lancaster Ave, Devon, PA 19333
      View Details
    • Value Estimation
      $660,000
      5,901 SF

      831 Lancaster Ave

      RESTAURANT • 5,901 SF
      831 Lancaster Ave, Devon, PA 19333
      View Details
    • Value Estimation
      $890,000
      2,067 SF

      201 Lancaster Ave

      RESTAURANT • 2,067 SF
      201 Lancaster Ave, Devon, PA 19333-1505
      View Details

    Similar Nearby for Lease

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      Main Line Office Space Available

      Office space for lease in the heart of Main Line.
      229-231 W Lancaster Ave, Devon, PA 19333
      View Details
    • Contact for pricing
      1,092 SF

      Office Space Near Devon Station

      Office space for rent, conveniently located near Devon SEPTA Station.
      227 W Lancaster Ave, Devon, PA 19333
      View Details
    • $24 SF/Yr
      1,139 SF

      Furnished Office Suite Available

      Furnished office suite in Easttown Township available immediately.
      12 Arlington Rd, Devon, PA 19333
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    • Contact for pricing
      27,574 SF

      Modern Office Building For Lease

      Class A office building with renovated modern workspaces available for lease.
      426 W Lancaster Ave, Devon, PA 19333
      View Details
    • Contact for pricing
      1,110 SF

      Office Space Near Devon Station

      Office space for rent, close to Devon SEPTA Station.
      223 W Lancaster Ave, Devon, PA 19333
      View Details
    • Contact for pricing
      4,000 SF

      Newly Renovated Medical Office Space

      Approx. 4,000 SF medical office space for immediate occupancy.
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      View Details
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    868 Lancaster Ave
    Devon, PA 19333-2361
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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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