Property profile

420 Old Laurel Rd Georgetown, DE 19947

FOR SALE
Medical Office Space
Property ID
US17-Q000052
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Property summary

AI-generated overview

Scheduled for 2025 delivery, this newly constructed build-to-suit medical and professional office space is available in the prestigious Georgetown Professional Center, Delaware. Join a roster of highly regarded tenants, including Nanticoke Immediate Care, Pediatric Dentistry, Family Practitioners, Life Star Response, and a Veterinary Surgical Clinic. Strategically located just off US Route 113, this premier center is 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. Don’t miss this opportunity to secure space in one of the region’s most sought-after professional hubs!

Property profile

Verified
Property type Medical Office Space
UPID US17-Q000052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

420 Old Laurel Rd Georgetown, DE 19947
Georgetown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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