700 Lancaster Ave, Wayne, PA 19087 Property Records

Chester County property record for 700 Lancaster Ave, Wayne, PA 19087 · Last verified June 2026

Property Highlights

Property Type	Commercial > Retail > Regional Shopping Center, Mall
Year Built	Built 1971
Square Footage	152,660 sqft Total Area
Lot Size	13.4 acres
Last Sale	$27,000,000 (2006)
Tax Bill	$30,854.00 (2026)

Property Details

APN / Parcel Number

Primary APN	`43-11K-58`
Alternative APNs	`4311K00580000` `4311K0058`

Interior

Building Area	152,660 sqft Total Area
Gross Area	140,806 sqft Gross Area

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1971
Lot Area	583,704 sqft
Total Buildings	4 Total Buildings

Utilities and HVAC

Cooling System	Central Cooling
Heating System	HVAC Heating
Sewage	Municipal Sewage
Water Source	Commercial Water Source

Location & Zoning

Street Address	700 LANCASTER AVE
City	WAYNE
State	PA
Zip	19087-2515
Property Usage	Commercial Property Usage
Type	Commercial > Retail > Regional Shopping Center, Mall
Legal Description	13.4 AC S & SHOPPING CENTE
Legal Subdivision	DEVON SQUARE SHOPPING CENTER
Jurisdiction	CHESTER PA
Minor Civil Division	TREDYFFRIN
Census Blockgroup	2
Census Block	2006
Census Tract	300108

Owner

Source: Chester County records · APN 43-11K-58

Assessment roll updated May 28, 2026 · Last verified June 2026

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

Owner of Record	Company Name on File
Mailing Address	550 AMERICAN AVE, 1, KING OF PRUSSIA, PA 19406-1441
Owner Type	Owner is a Company
Vesting	Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Apr 21, 2006 · Amount on Record
Deed Sale	Apr 21, 2006 · Amount on Record
Prior Sale	Feb 27, 1998
Deed Doc Number	200610642890
Deed Book / Page	6821 / 609
Record Refreshed	Sep 20, 2026

June 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	CHESTER PA
Property Address	704 LANCASTER AVE, WAYNE, PA 19087-2515
Document Number	0095701591
Book / Page	009570 / 001591
Instrument Date	Jun 29, 2017
Transaction Type	Mortgage
Record Updated	Jul 13, 2017
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	700 W LANCASTER AVE WAYNE PA 190872561, WAYNE, PA 19087-2561

Mortgage

Document Number	0095701591
Date	Jul 03, 2017
Book Page	009570/001591
Instrument	11552211

Lender

Name	MISCELLANEOUS INS CO
Address	3075 SANDERS RD # G5C, NORTHBROOK, IL 60062-7119

Agreement

Amount	Amount Recorded
Term	24 Months
Due	Jul 02, 2019

Tax Assessment & Valuation

Source: Chester County records · Assessment roll updated May 28, 2026 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Pennsylvania
County	Chester County
County Subdivision	Tredyffrin Township
Unified School District	Tredyffrin-Easttown School District (KG - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$30,854.00 (-88.89%)	$7,884,280 (-) Land $2,286,550 Building $5,597,730	$8,480,270 (-) Land $2,286,550 Building $6,193,720
2024	$277,711.00	$7,884,280 Land $2,286,550 Building $5,597,730
1998			$8,480,270 Land $2,286,550 Building $6,193,720

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Chester County (42029C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.