Delaware County property record for 503 W Lancaster Ave, Wayne, PA 19087
| Property Type | Regional Shopping Center, Mall |
|---|---|
| Details | 9,695 sqft · built 1940 |
| Lot Size | 3 acres (143,617 sqft) |
| Owner | Company Name on File |
| Last Sale | $2,785,000 (Nov 1979) |
| Tax Bill | $221,597 (2026) |
| Deeds & Mortgages | Mar 2026 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 36-11-316:000 |
| Primary APN | 36-11-316:000 |
|---|---|
| Alternative APN |
|
| Units | 162 Units |
|---|---|
| Building Area | 9,695 sqft Gross Area |
| Basement Area | 2,934 sqft |
| Year Built | Built 1940 |
|---|---|
| Effective Year Built | Effective 1990 |
| Exterior Material | Combination |
| Fire Resistance | Wood or Wood & Steel Frame |
| Lot Area | 143,617 sqft (3 acres) |
| Lot Dimensions | 497 ft deep x 245 ft wide |
| Cooling System | Central |
|---|---|
| Sewer | Municipal |
| Water Source | Commercial |
| Account Number | 3611316000 |
|---|---|
| Street Address | 503 W LANCASTER AVE, 220 |
| City | WAYNE |
| State | PA |
| Zip | 19087-3111 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Regional Shopping Center, Mall |
| Legal Description | LOCAL SHOP CENTER ADD 244.95 X 497.73 X IRR |
| Legal Subdivision | LOCAL SHOP CENTER ADD |
| Legal Block | 61 |
| Jurisdiction | DELAWARE PA |
| Township / Civil Division | RADNOR |
| Census Block Group | 5 |
| Census Block | 5016 |
| Census Tract | 409803 |
503 W Lancaster Ave is owned by a company that bought it in November 1979.
Source: Delaware County records, as of July 9, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 503 W LANCASTER AVE, 220, WAYNE, PA 19087-3111 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 7, 1979 · Amount on File |
| Deed Sale | Nov 7, 1979 · Amount on File |
| Deed Book / Page | 2718 / 83 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | DELAWARE PA |
| Property Address | 503 W LANCASTER AVE, WAYNE, PA 19087-3109 |
| Transaction Type | Mortgage |
| Record Updated | Apr 8, 2026 |
| Title Company | COMMONWEALTH LAND TITLE PA, COMMONWEALTH LAND TTL PHILAD |
| Name | Verified Name |
|---|---|
| Address | 40 MORRIS AVE 150, 150, BRYN MAWR, PA 19010-3437 |
| Document Number | 0071195497 |
|---|---|
| Date | Mar 27, 2026 |
| Book Page | 7119/5497 |
| Instrument | 2026011159 |
| Name | ORRSTOWN BANK |
|---|---|
| Type | Bank |
| Address | HARRISBURG, PA 17111 |
| Type | Line of Credit |
|---|
The 2026 property tax bill for 503 W Lancaster Ave was $221,597.
Source: Delaware County assessment roll, as of May 28, 2026
| Type | Name |
|---|---|
| State | Pennsylvania |
| County | Delaware County |
| County Subdivision | Radnor Township |
| Unified School District | Radnor Township School District (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $221,597.00 | $10,002,280 (-) Land $2,441,790 Building $7,560,490 | $10,002,280 (-) Land $2,441,790 Building $7,560,490 |
| 2025 | $10,002,280 (-) Land $2,441,790 Building $7,560,490 | $10,002,280 Land $2,441,790 Building $7,560,490 | |
| 2024 | $202,230.00 (+3.04%) | $10,002,280 Land $2,441,790 Building $7,560,490 | |
| 2023 | $196,270.00 | ||
| 2021 | $10,002,280 (-) | ||
| 2020 | $10,002,280 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 503 W Lancaster Ave in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 2018.
Source: FEMA National Flood Hazard Layer, effective September 30, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 20 policies |
| Nearby Flood Policies | 20 in force |
| Nearby Flood Claims | 3 (2018) |
| Most Recent Claim | Aug 2018 · other causes |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 503 W Lancaster Ave is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 98.3% of Pennsylvania |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | AQUA PA MAIN SYSTEM private · serves 822,600 people · EPA ID PA1460073 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Mar 2025 |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| Water Quality | Treatment failure resolved · Nov 2024 E. coli resolved · Jul 2017 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 27 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 328 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Verizon Fiber · Fixed Wireless in parts of the area | 2,300 / 2,300 |
| Xfinity Cable | 2,000 / 250 |
| AT&T Fixed Wireless | 100 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
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