400 Lapp RdMalvern, PA 19355

  • Office properties
  • 28,592 SF
For Lease
$15/SF/YR View listing

Property Details for 400 Lapp Rd

Year built
1999
Lot size
3.60 AC
Property size (Sq ft)
28,592 SF
Zone code
LI
Property type
Office properties
Property subtype
Office buildings
APN
4204 00240000
APU
420400240000

Description

This exceptional Class A office building, located at 400 Lapp Rd, Malvern, PA 19355, offers a rare opportunity to lease premium office space. Built in 1999, the single building comprises 28,592 square feet situated on a generous 3.6 acres of land. The property is ideally suited for multiple tenants, with a minimum divisible space of 7,000 square feet and a maximum contiguous space of 14,296 square feet. Currently, there are two suites available within the building, providing flexibility for businesses of varying sizes. The building's traditional office design offers a professional and efficient workspace. Its prime location in Malvern, Pennsylvania, ensures easy access to major transportation routes and amenities. This is a fantastic opportunity to secure high-quality office space in a desirable location. The property is classified as Class A, reflecting its superior construction, amenities, and location. Don't miss this chance to establish your business in this prestigious Malvern address. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,889,534
    6.5%
    $7,282,647
    7%
    $6,762,458
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,922,554
    Geo Method
    $3,735,831
  • Alternative Use

    Use
    Valuation
    Residential
    $9,030,482
    Hospitality
    $8,271,874
    Educational
    $6,882,102
    Medical
    $7,118,788
    Retail
    $10,705,491
400 Lapp Rd, Malvern, Pennsylvania

Location Insight

City
Malvern
County
Chester
State
Pennsylvania
Latitude
40.0578
Longitude
-75.542
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
$94,278
$231,000
$3,059,000
$3,290,000
-
$231,000
$3,158,810
$3,389,810

FAQs

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