Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3721 Garrett Rd Drexel Hill, PA 19026-3005
    Back to Search
    Property profile & analytics

    3721 Garrett Rd, Drexel Hill, PA 19026-3005

    View on Map
    • Commercial real estate
    • 3,432 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Dec 31, 2024
    $68,622
    Property ID
    US73-5937681
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3721 Garrett Rd

    Year built
    1920
    Lot size
    0.08 lot acres
    Property type
    Commercial real estate
    APN
    16-12-00386-00
    APU
    16120038600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 31, 2025 $68,622 Corinthian Capital Funding LLC Guy Leroy Special Warranty Deed —
    Mar 7, 2024 $42,000 Guy Leroy Divine Royalty Boutique LLC Public Action · related —
    Mar 7, 2017 $110,000 Divine Royalty Boutique LLC Howell,john S & Barbara Grant Deed —
    May 14, 2012 — John S Howell Howell,john S Quit Claim Deed · related $182k · United Savings Bank
    Nov 16, 2005 $95,000 John S Howell Crawford,william B Grant Deed $200k · Dnb First NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Drexel Hill
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2973
    Latitude
    39.9446
    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
    2024
    $5,312
    $64,480
    $61,130
    $125,610
    -
    $0.00
    $0.00
    $125,610

    Comparable in this City

    • Value Estimation
      $1,910,000
      20,880 SF

      Bloomfield Ave

      COMMERCIAL (GENERAL)
      Bloomfield Ave, Drexel Hill, PA 19026
      View Details
    • Value Estimation
      $3,905,000
      43,590 SF

      1001 Pontiac Rd

      COMMERCIAL (GENERAL)
      1001 Pontiac Rd, Drexel Hill, PA 19026-4816
      View Details
    • Value Estimation
      $640,000
      6,504 SF

      4221 Ferne Blvd

      COMMERCIAL (GENERAL)
      4221 Ferne Blvd, Drexel Hill, PA 19026-3813
      View Details
    • Value Estimation by Request
      2,000 SF

      1068 Pontiac Rd

      COMMERCIAL (GENERAL)
      1068 Pontiac Rd, Drexel Hill, PA 19026-4817
      View Details
    • Value Estimation by Request
      3,600 SF

      3901 State Rd

      COMMERCIAL (GENERAL)
      3901 State Rd, Drexel Hill, PA 19026-3229
      View Details
    • Value Estimation by Request
      1,792 SF

      705 Burmont Rd

      COMMERCIAL (GENERAL)
      705 Burmont Rd, Drexel Hill, PA 19026-3942
      View Details

    Similar Nearby for Sale

    • $325,000
      0.09 Acres

      DREXEL HILL Duplex For Sale

      Duplex with long-term tenants, great investment opportunity.
      3335 Mary St, Drexel Hill, PA 19026
      View Details
    • $325,000
      1,840 SF

      Drexel Hill Duplex For Sale

      Duplex with long-term tenants, great investment potential.
      3335 Mary St, Drexel Hill, PA 19026
      View Details
    • $349,900
      2,609 SF

      Well-Maintained Duplex in Drexel Hill

      Turnkey duplex with two spacious units in desirable location.
      653 Drexel Ave, Drexel Hill, PA 19026
      View Details
    • $95,000

      Drexel Hill Double Building Lot

      Prime double lot in Drexel Hill to build your dream home.
      506 Burmont Rd, Drexel Hill, PA 19026
      View Details
    • Contact for pricing

      Former Pharmacy with Roadside Visibility

      Former pharmacy in a densely populated area with ample parking.
      710 Burmont Rd, Drexel Hill, PA 19026
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,298 SF

      Retail and Medical Space Available

      Mixed-use property near major routes with high traffic.
      5100 State Rd, Drexel Hill, PA 19026
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space at Signalized Intersection

      Retail space available at a high-traffic intersection.
      Township Line Rd & Burmont Rd, Drexel Hill, PA 19026
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space in Drexel Hill

      Retail space with high visibility and strong retailer lineup.
      1002-1041 Pontiac Rd, Drexel Hill, PA 19026
      View Details
    • Contact for pricing
      10,058 SF

      Medical Office Space Available

      Flexible medical suites connected to Delaware County Memorial Hospital.
      2100 Keystone Ave, Drexel Hill, PA 19026
      View Details
    • Contact for pricing
      9,476 SF

      Drexel Hill Office Space Available

      9,476 SF office space for rent in Drexel Hill.
      3400 Dennison Ave, Drexel Hill, PA 19026
      View Details
    • Contact for pricing
      675 SF

      Medical Office Space Available

      Flexible medical suites on Crozer-Keystone Health campus for rent.
      2100 Keystone Ave, Drexel Hill, PA 19026
      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.
    3721 Garrett Rd
    Drexel Hill, PA 19026-3005
    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

    Thank You for Inquiry
    3721 Garrett Rd, Drexel Hill, PA, 19026
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!