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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    704 Garrett Rd Upper Darby, PA 19082-3811

    • Commercial real estate
    • 22,886 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimations
    $1,765,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1599487
    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

    • Commercial real estate

    Property Details for 704 Garrett Rd

    Year built
    1920
    Lot size
    0.49 lot acres
    Property size
    22,886 SF
    Property type
    Commercial real estate
    APN
    16-04-00594-00
    APU
    16040059400

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,455,000
      Market price range: $991k - $2.24M
      AI Estimate
      $1,558,000
      Market price range: $1.11M - $2.33M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,570,000
      Current use
      AUTO REPAIR, GARAGE
      $2,715,000
      Change: +73% Conversion: Difficult
      OFFICE BUILDING
      $1,860,000
      Change: +18% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,760,000
      Change: +12% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,595,000
      Change: +1% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Upper Darby
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2666
    Latitude
    39.9583
    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
    $50,896
    $243,900
    $959,550
    $1,203,450
    -
    $0.00
    $0.00
    $1,203,450

    Comparable in this City

    • Value Estimation
      $4,290,000
      58,800 SF

      7042 Garrett Rd, Unit 7062

      COMMERCIAL (GENERAL) • 58,800 SF
      7042 Garrett Rd, Upper Darby, PA 19082
      View Details
    • Value Estimation by Request
      442 SF

      125 69th St

      COMMERCIAL (GENERAL) • 442 SF
      125 69th St, Upper Darby, PA 19082-3212
      View Details
    • Value Estimation
      $9,475,000
      143,020 SF

      100 69th St0120

      COMMERCIAL (GENERAL) • 143,020 SF
      100 69th St0120, Upper Darby, PA 19082-4118
      View Details
    • Value Estimation by Request
      6,530 SF

      8114 Chester Pike

      COMMERCIAL (GENERAL) • 6,530 SF
      8114 Chester Pike, Upper Darby, PA 19082-2828
      View Details
    • Value Estimation by Request

      9 Park Ave

      COMMERCIAL (GENERAL)
      9 Park Ave, Millbourne, PA 19082-1813
      View Details
    • Value Estimation by Request
      1,940 SF

      7219 Chester Pike

      COMMERCIAL (GENERAL) • 1,940 SF
      7219 Chester Pike, Upper Darby, PA 19082-1618
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,638 SF

      Upper Darby Auto Body Shop

      Established Auto Body Shop, High Visibility
      7250 Marshall Rd, Upper Darby, PA 19082
      View Details
    • $390,000

      Income Producing Mixed-Use Building

      Three-unit, mixed-use building near transportation and amenities in Upper Darby.
      234 Long Ln, Upper Darby, PA 19082
      View Details
    • $350,000
      4,466 SF

      Mixed-Use Property with Renovated Units

      Mixed-use property featuring commercial space and renovated residential units.
      6805 Marshall Rd, Upper Darby, PA 19082
      View Details
    • $150,000
      1,376 SF

      Upper Darby Income-Producing Property

      Well-maintained, tenant-occupied property in Upper Darby, ideal for investors.
      241 Margate Rd, Upper Darby, PA 19082
      View Details
    • $1,100,000

      Turnkey Restaurant in Upper Darby

      Fully renovated restaurant with high visibility on Township Line Road.
      265 E Township Line Rd, Upper Darby, PA 19082
      View Details
    • $250,000
      1,528 SF

      Upper Darby Multifamily Investment Property

      Two-unit property near transportation and shopping in Upper Darby, PA.
      7265 Calvin Rd, Upper Darby, PA 19082
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,698 SF

      Retail and Medical Space Available

      Mixed-use property near major routes with high traffic.
      5100 State Rd, Drexel Hill, PA 19082
      View Details
    • $20 SF/Yr
      45,850 SF

      Upper Darby Office Space Available

      Office space for lease in Upper Darby, Pennsylvania.
      6908 Market St, Upper Darby, PA 19082
      View Details
    • $550 /Mo
      6,970 SF

      Office/Storage Space For Rent

      Walkout basement suitable for private office or storage in Upper Darby.
      8902 W Chester Pike, Upper Darby, PA 19082
      View Details
    • $2,000 /Mo

      Updated Home in Stonehurst

      Move-in ready home with updated kitchen and finished basement.
      268 Sanford Rd, Upper Darby, PA 19082
      View Details
    • Contact for pricing
      4,360 SF

      Retail Space in Redevelopment Area

      Retail space available in a prime location undergoing major redevelopment.
      6930 Walnut St, Upper Darby, PA 19082
      View Details
    • Contact for pricing
      11,918 SF

      Medical Office Space Available

      Flexible medical suites connected to Delaware County Memorial Hospital.
      2100 Keystone Ave, Drexel Hill, PA 19082
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      2.3k
    • Avg Time on site
      16 min
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    704 Garrett Rd
    Upper Darby, PA 19082-3811
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    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
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