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    4041 Ogletown Rd Newark, DE 19713

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    For Sale
    Contact for pricing

    97,878 SF renovated office building with ample parking.

    Property size:
    97,878 SF
    Lot size:
    4.67 Acres

    Property Features for 4041 Ogletown Rd

    General Information

    Size
    97,878 SF
    Lot size
    4.67 Acres

    Source: CBRE | Wilmington Agent John S Kaczowka

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

    Overview

    Renovated Office Building with Parking

    The property at 4041 Ogletown Road features 97,878 rentable square feet of renovated interior space. Zoned CR (Commercial Regional), the property occupies 4.65 acres. Parking is provided by a five-story garage and surface spaces, accommodating 799 vehicles, which equates to 8.16 spaces per 1,000 square feet. On-site amenities include a large conference center and a grab-and-go cafeteria. Public transportation is readily accessible. The location offers proximity to numerous hotels, restaurants, and retail shops within a one-mile radius.
    Location Intelligence

    Current Use by Public Records

    JP Morgan Chase Financial Institution

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.691816
    Latitude
    39.679889

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    FAQs

    What type of property is this?
    Office building - 97,878 SF renovated office building with ample parking.
    Where is this office building located?
    The property is located at 4041 Ogletown Rd Newark, DE.
    What are key features of this property?
    This property features: - 97,878 rentable square feet of magnificently renovated interior space.; - Ample parking with a 5-story garage and surface spaces for 799 vehicles.; - Convenient location with numerous hotels, restaurants, and retail shops nearby.
    (302) 584-4441
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    4041 Ogletown Rd Newark, DE 19713
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    Newark, DE 19713
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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
    4041 Ogletown Rd Newark, DE 19713
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