Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    126 Argyle Rd Ardmore, PA 19003-2822

    • Apartment buildings
    • 57,800 SF
    • 1.64 lot acres
    OFF-MARKET
    Last Sale
    Feb 14, 2020
    $7,550,000
    Value Estimations
    $8,835,000
    Show details
    Cap Rate Potential
    9.1%
    Apartment buildings
    Location Intelligence
    Property ID
    US73-2818426
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 126 Argyle Rd

    Year built
    1920
    Lot size
    1.64 lot acres
    Property size
    57,800 SF
    Zone code
    R4
    Property type
    Apartment buildings
    APN
    40-00-01524-00-2
    APU
    400001524002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,560,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $11,925,000
      6.5%
      $11,010,000
      7%
      $10,225,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,780,000
      Market price range: $4.60M - $11.1M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2879
    Latitude
    40.0041
    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
    2023
    $105,381
    $0.00
    $0.00
    $2,523,310
    -
    $0.00
    $0.00
    $2,523,310

    Comparable in this City

    • Value Estimation by Request
      53,814 SF

      170 Lakeside Rd

      APARTMENT HOUSE (5+ UNITS) • 53,814 SF
      170 Lakeside Rd, Ardmore, PA 19003-3231
      View Details
    • Value Estimation by Request
      57,140 SF

      17 Llanfair Rd

      APARTMENT HOUSE (5+ UNITS) • 57,140 SF
      17 Llanfair Rd, Ardmore, PA 19003-3348
      View Details
    • Value Estimation by Request
      15,600 SF

      87 Rittenhouse Pl

      APARTMENT HOUSE (5+ UNITS) • 15,600 SF
      87 Rittenhouse Pl, Ardmore, PA 19003-2223
      View Details
    • Value Estimation by Request
      28,944 SF

      200 Montgomery Ave

      APARTMENT HOUSE (5+ UNITS) • 28,944 SF
      200 Montgomery Ave, Ardmore, PA 19003-2417
      View Details
    • Value Estimation
      $380,000
      6,932 SF

      4 Athens Ave

      APARTMENT HOUSE (5+ UNITS) • 6,932 SF
      4 Athens Ave, Ardmore, PA 19003-1341
      View Details
    • Value Estimation
      $350,000
      6,050 SF

      132 Cricket Ave

      APARTMENT HOUSE (5+ UNITS) • 6,050 SF
      132 Cricket Ave, Ardmore, PA 19003-1329
      View Details

    Similar Nearby for Sale

    • $850,000
      3,600 SF

      Ardmore Mixed-Use Investment Opportunity

      High-yield, multi-income Ardmore property.
      2738- County Line Rd, Ardmore, PA 19003
      View Details
    • $2,200,000
      17,500 SF

      Ardmore Storefront: Prime Retail Space

      17,500 SF Retail, Vacant, High-Demand Location
      10 Lancaster Ave, Ardmore, PA 19003
      View Details
    • $1,295,000
      0.31 Acres

      Ardmore Industrial Property - Great Potential

      Contractor's Shop, Storage, Development Potential
      45 Holland Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing

      Ardmore Industrial Property Available

      Prime Ardmore industrial space. Ideal for various uses.
      821 Aubrey Ave, Ardmore, PA 19003
      View Details
    • $625,000
      0.02 Acres

      46 Rittenhouse Pl, Ardmore, PA 19003

      Mixed-use properties • 0.02 Acres
      46 Rittenhouse Pl, Ardmore, PA 19003
      View Details
    • $1,250,000
      4,632 SF

      with the PLCB \""R\"" License included

      the total asking price is $1
      98 Cricket Ave, Ardmore, PA 19003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Ardmore Retail Space: Lancaster Ave

      Prime Ardmore retail/office space, 2,000-4,000 SF.
      6 Lancaster Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      5,100 SF

      Retail Space in Ardmore Center

      Retail space available in affluent Main Line market.
      169-195 W Lancaster Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      5,264 SF

      Retail Space in Suburban Square

      Lifestyle center retail space for lease in Ardmore, PA.
      42 Saint James Pl, Ardmore, PA 19003
      View Details
    • $1,500 /Mo
      4,792 SF

      Office Space in Downtown Ardmore

      Boutique office building with suites available for lease.
      16 E Lancaster Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      403,874 SF

      Ardmore Retail Center Investment

      Main Line Retail Space Available
      0 Montgomery Ave. & Anderson Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      1,162 SF

      Retail Space in Suburban Square

      Retail space available in a lifestyle center.
      75 Saint James Pl, Ardmore, PA 19003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    126 Argyle Rd
    Ardmore, PA 19003-2822
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.