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    420 Old Laurel Rd Georgetown, DE 19947

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    For Sale
    Contact for pricing

    New medical and professional office space in Georgetown, Delaware.

    Property size:
    20,000 SF

    Property Features for 420 Old Laurel Rd

    General Information

    Size
    20,000 SF

    Source: Shelby Tomlinson Agent Shelby Tomlinson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Georgetown Professional Center Office Space

    Scheduled for 2025 delivery, this newly constructed build-to-suit medical and professional office space is available in the Georgetown Professional Center, Delaware. The property is strategically located just off US Route 113, less than half a mile from Sussex County’s new 100,000+ SF Family Court building and the Sussex County Courthouse. It also offers convenient access to both Maryland and Delaware beaches. The property is suitable for medical offices and general office use.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gooss Jr Donald a DVM, Georgetown Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Sussex
    State
    Delaware
    Longitude
    -75.3913131
    Latitude
    38.6835497

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    FAQs

    What type of property is this?
    Medical office - New medical and professional office space in Georgetown, Delaware.
    Where is this medical office located?
    The property is located at 420 Old Laurel Rd Georgetown, DE.
    What is the asking price?
    The asking price for this property is $29.
    What are key features of this property?
    This property features: - Newly constructed, build-to-suit medical/professional office space with 2025 delivery.; - Located in the prestigious Georgetown Professional Center.; - Strategic location off US Route 113, near the new Sussex County Family Court building and the Sussex County Courthouse.
    (443) 366-2521
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    420 Old Laurel Rd Georgetown, DE 19947
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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
    420 Old Laurel Rd Georgetown, DE 19947
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