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    Property profile & analytics

    345 Polly Drummond Hl Rd Newark, DE 19711-4809

    • Day care centers
    • 7,068 SF
    • 4.88 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US17-0146792
    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

    • Edu-Care Preschool and Daycare / Preschool / Day Care Center

    Property Details for 345 Polly Drummond Hl Rd

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    4.88 lot acres
    Property size
    7,068 SF
    Zone code
    S
    Property type
    Day care centers
    APN
    08-042.00-032
    APU
    804200032

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $680,000
      6.5%
      $650,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $630,000
      Geo Method
      $615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $670,000
      Retail
      $650,000
      Mixed-Use
      $670,000
      Hospitality
      $675,000
      Educational
      $590,000
      Residential Income
      $550,000
      Energy
      $715,000
      Income-Based Land
      $555,000
      Food Service
      $750,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.714
    Latitude
    39.725
    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
    $20,746
    $70,400
    $425,700
    $496,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $485,000
      6,409 SF

      50 Polly Drummond Hl Rd

      DAY CARE, PRE-SCHOOL • 6,409 SF
      50 Polly Drummond Hl Rd, Newark, DE 19711-5703
      View Details
    • Value Estimation
      $350,000
      2,142 SF

      309 Possum Park Rd

      DAY CARE, PRE-SCHOOL • 2,142 SF
      309 Possum Park Rd, Newark, DE 19711-3853
      View Details
    • Value Estimation
      $375,000
      14,522 SF

      921 Barksdale Rd

      DAY CARE, PRE-SCHOOL • 14,522 SF
      921 Barksdale Rd, Newark, DE 19711-3205
      View Details
    • Value Estimation
      $420,000
      5,800 SF

      1520 Casho Ml Rd

      DAY CARE, PRE-SCHOOL • 5,800 SF
      1520 Casho Ml Rd, Newark, DE 19711-3547
      View Details
    • Value Estimation
      $410,000
      5,800 SF

      50 Meadowood Dr

      DAY CARE, PRE-SCHOOL • 5,800 SF
      50 Meadowood Dr, Newark, DE 19711-6755
      View Details
    • Value Estimation
      $395,000
      4,000 SF

      701 Old Harmony Rd

      DAY CARE, PRE-SCHOOL • 4,000 SF
      701 Old Harmony Rd, Newark, DE 19711-6919
      View Details

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      Specialty property available for purchase.
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      Specialty property available for purchase.
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    Similar Nearby for Lease

    • $18 SF/Yr
      14,728 SF

      Newark Executive Office Space

      1,250 SF Office Suite Available Now
      625 Barksdale Rd, Newark, DE 19711
      View Details
    • Contact for pricing
      11,168 SF

      Executive Office Suite, Newark, DE

      11,168 sq ft Executive Office Space
      16 Polly Drummond Shopping Ctr, Newark, DE 19711
      View Details
    • Contact for pricing
      3,200 SF

      Office Space in Newark

      Office space available for rent in Newark, Delaware.
      102-136 Astro Shopping Ctr, Newark, DE 19711
      View Details
    • Contact for pricing
      5,086 SF

      Office Space Available For Rent

      Office space available for rent at 500 Creek View Rd.
      500 Creek View Rd, Newark, DE 19711
      View Details
    • Contact for pricing
      10,900 SF

      Retail Space on Main Street

      Retail space available for lease in Newark, Delaware.
      124-128 East Main St, Newark, DE 19711
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space Near University

      Retail space for lease with high visibility and access.
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      View Details
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    345 Polly Drummond Hl Rd
    Newark, DE 19711-4809
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    Realmo Value Estimation

    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.

    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.

    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
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