3 Great Valley PkwyMalvern, PA 19355

  • Office buildings
  • 44,853 SF

Property Details for 3 Great Valley Pkwy

Year built
1983
Lot size
4.00 AC
Property size (Sq ft)
44,853 SF
Zone code
LI
Property type
Office buildings
APN
4202 00120100
APU
420200120100

Description

This exceptional Class A office space, totaling 8,300 square feet, is available for lease at 3 Great Valley Parkway in Malvern, Pennsylvania. Located within a larger 14,000 square foot building, this single-tenant space offers a highly desirable location in the Malvern submarket of Chester County. The property boasts convenient access to a variety of amenities, including nearby restaurants such as Wawa, Avola Kitchen + Bar, PJ Whelihan's Restaurant, and Dunkin', as well as hotels like the Residence Inn by Marriott and The Valley House Bar & Restaurant. The building itself features an elevator for easy access to all floors. The zoning for the property is LI. The space is ideal for a business seeking a modern, well-appointed office environment. The interior layout includes twelve spacious private offices, a dedicated conference room, a fully equipped kitchen, and convenient locker rooms. Ample on-site parking is also provided for employees and clients. This is a rare opportunity to secure a significant amount of high-quality office space in a thriving commercial area. The entire 14,000 square foot building is currently vacant, presenting a unique chance for a single tenant to occupy the entire space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,376,514
    6.5%
    $11,424,474
    7%
    $10,608,440
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,153,412
    Geo Method
    $5,860,493
  • Alternative Use

    Use
    Valuation
    Residential
    $14,166,348
    Hospitality
    $12,976,299
    Educational
    $10,796,128
    Medical
    $11,167,424
    Retail
    $16,793,978

Location Insight

City
Malvern
County
Chester
State
Pennsylvania
Latitude
40.0653
Longitude
-75.5325
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
$79,751
$525,000
$2,258,030
$2,783,030
-
$525,000
$2,307,280
$2,832,280

FAQs

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