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Property profile & analytics
OFF-MARKET
Commercial real estate
2314 Garrett Rd Drexel Hill, PA 19026-1139
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-5065015
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
4,432 SF
Lot
0.05 ac (2,002 SF)
APN
16-09-00556-00
UPID
US73-5065015
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
New Hope Property LLC
New Hope Property LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Drexel Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Drexel Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,733
Tax year 2024
Assessed value
$324,720
Assessed 2024
Previous assessed
$324,720
+0.0% YoY
Effective rate
4.23%
On assessed value
Assessed land
$63,070
Assessed improvement
$261,650
Total market value
$324,720
Applied tax rate
1,614.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
CENTRAL
Units
4
Total area
4,432 SF
Lot
0.05 ac (2,002 SF)
APN
16-09-00556-00
UPID
US73-5065015
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Units
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
New Hope Property LLC
Entity
Mailing address
5 SPRINGTON POINTE DR, NEWTOWN SQUARE, PA 19073-3931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
—
New Hope Property LLC
2310 12 Garrett Road LLC
Deed
$843,750 · Mid Penn Bank
Jan 23, 2025
$600,000
2310 12 Garre Road LLC
Aegean Management Company INC
Deed
—
Nov 22, 2024
—
Aegean Management Company INC
—
Deed
related
$60,000 · Equidity Investment Group LLC
Jun 10, 2024
—
Aegean Management Company INC
—
Deed
related
$432,000 · Advest Short Duraton Real Estate Fund I
Oct 5, 2022
—
Aegean Management Company INC
Nicholas Pananos
Deed
$2,100,000 · Advest Short Duration Real Estate Fund
Sep 6, 2019
—
Nicholas Pananos
—
Deed
related
$906,000 · Commonwealth Cap
Dec 16, 2011
—
Nicholas Pananos
Pananos,paraskevi V
Quit Claim Deed
related
—
Feb 24, 2003
—
James Pananos
Pananos,nicholas A
Quit Claim Deed
related
$340,000 · Wilmington Trust Co Pa
May 16, 2001
$150,000
Nicholas A Pananos
Wtm Realty Investments Assoc
Grant Deed
$325,000 · Wilmington Trust Co Pa
—
—
Nicholas Pananos
—
Deed Of Trust
related
$906,000 · Commonwealth Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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