640 Lee Rd, Wayne, PA 19087 Property Records

Chester County property record for 640 Lee Rd, Wayne, PA 19087

Property Summary

Property TypeCommercial Office
Details150,296 sqft · built 1989
Lot Size10 acres (438,736 sqft)
OwnerCompany Name on Record
Last Sale$52,700,000 (Aug 2019)
Tax Bill$24,542 (2026)
Deeds & MortgagesMar 2026 Mortgage
Aug 2019 Sale
Flood ZoneZone X (minimal risk)
APN43-5-26.33

Property Details

APN / Parcel Number

Primary APN43-5-26.33
Alternative APNs
  • 4305 00263300
  • 4305 002633

Interior

Building Area150,296 sqft Total Area
Gross Area75,148 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Lot Area438,736 sqft
View / LotCommercial/Industrial
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHeat Pump
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address640 LEE RD
CityWAYNE
StatePA
Zip19087-5600
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeOA
Legal Description10.072 AC & COMM BLDGS LTS
Legal Lot Number4
JurisdictionCHESTER PA
Township / Civil DivisionTREDYFFRIN
Census Block Group1
Census Block1004
Census Tract300106

Owner

Source: Chester County records, as of May 28, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing AddressCENTRE 2929 ARCH ST # 28, 28, PHILADELPHIA, PA 19104
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Mar 6, 2026Deed of Trust, Mortgage · Commercial Mortgage
PI 72 FUNDING 1 LP
Aug 27, 2019Grant Deed, Transfer
LAND SERVICES USA INC, LAND SVCS USA INC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 27, 2019 · Amount on Record
Deed SaleAug 27, 2019 · Amount on Record
Prior SaleMar 22, 2006 · Amount on Record
Deed Document Number201911684546
Deed Book / Page9988 / 525
Record UpdatedOct 29, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESTER PA
Property Address640 LEE RD, WAYNE, PA 19087-5600
Transaction TypeMortgage
Record UpdatedMar 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0115401936
DateMar 6, 2026
Book Page11540/1936
Instrument12112405
Lender
NamePI 72 FUNDING 1 LP
TypeNon-Lending Institution
AddressNEW YORK, NY 10020
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCHESTER PA
Recording DateAug 27, 2019
Property Address690 LEE RD, WAYNE, PA 19087-5636
Document Number0099880525
Book / Page009988 / 000525
Instrument DateAug 19, 2019
Instrument11684546
Transaction TypeTransfer
Record UpdatedSep 17, 2019
Title CompanyLAND SERVICES USA INC, LAND SVCS USA INC

Transaction

AmountAmount Recorded
Tax$527,000.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2929 ARCH ST #28TH PHILADELPHIA PA 191042857, 28TH, PHILADELPHIA, PA 19104-2857

Tax Assessment & Valuation

Source: Chester County assessment roll, as of May 28, 2026

Property Jurisdictions

TypeName
StatePennsylvania
CountyChester County
County SubdivisionTredyffrin Township
Unified School DistrictTredyffrin-Easttown School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$24,542.00 (-92.91%)$6,271,500 (-36.22%) Land $975,000 Building $5,296,500$6,590,620 (-) Land $975,000 Building $5,615,620
2024$346,370.00$9,833,500 Land $975,000 Building $8,858,500
1998$6,590,620 Land $975,000 Building $5,615,620

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force

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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 43% of Pennsylvania
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemAQUA PA MAIN SYSTEM
private · serves 822,600 people · EPA ID PA1460073
Water SourceSurface water
Last State InspectionMar 2025
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · Nov 2024
E. coli
resolved · Jul 2017
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting27
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 115 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber
2,300 / 2,300
Xfinity
Cable · Fiber in parts of the area
1,200 / 35
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on Lee Rd

Nearby Streets

Search Property Records by Address or Parcel Number