Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Space Opportunity Title is generated by Realmo AI

    4735 Ogletown Stanton Rd, Newark, DE 19713

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Medical office space for sale near Christiana Hospital Campus.

    Type:Office
    Property size:
    13,132 SF
    Price / SF:
    $395/SF
    Added:
    May 7, 2024
    Days on Market:
    757
    Last Refresh:
    May 12 at 9:02 pm

    Property Features for 4735 Ogletown Stanton Rd

    General Information

    Standard status
    Active
    Size
    13,132 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Mark Trani

    Listing agent Mark Trani License #RS330199

    Listing office Zommick McMahon Commercial Real Estate Inc

    Listing date May 7, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Zommick McMahon Commercial Real Estate Inc

    HighLights

    • Medical office space within The Christiana Hospital Campus.
    • Large space: 13,132 square feet.
    • Includes 19 Exam Rooms and 9 Individual Offices.
    • Features a large staff kitchen and break room, plus a large laboratory.
    • Attached suite with separate entrance, including exam rooms, office, bathroom, and reception area.
    • Elevator service to the 2nd‑floor location.

    Overview

    This is a rare opportunity to purchase a 13,132 square foot medical office space within The Christiana Hospital Campus. Currently operating as an OBGYN practice, the space is located on the second floor and accessible by elevator. The suite features 19 exam rooms, 9 individual offices, 2 large back offices or conference rooms, and a large staff kitchen and break room. There is also a large laboratory and 9 bathrooms. The spacious waiting room includes a child-friendly cut-out. A large reception and front office area is also present. The property includes an attached suite with a separate entrance off the second floor, featuring 3 exam rooms, 1 office, 1 bathroom, and its own reception and waiting area. The main suite has locked access.
    Location Intelligence

    Current Use by Public Records

    Dua Amit DDS Dental Office ChristianaCare Kidney Transplant ... Physician Poleck Aaron DDS Dental Office ChristianaCare Sleep Wellness ... Medical Clinic Physiatrist Associates Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Banfield Pet Hospital — 1291 Churchmans Rd, Newark, DE 19713

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6727574
    Latitude
    39.6853306

    Nearby Similar for Sale

    • $795,000
      4,141 SF

      Colonial Residence in Middle Run

      Luxurious Colonial home with finished basement apartment on 0.75-acre lot.
      330 MOURNING DOVE Drive, NEWARK, DE 19711
      View Details
    • $695,000
      1,575 SF

      Twin/Duplex Near University of Delaware

      Twin/duplex on White Clay Creek, walking distance to Main Street.
      16 WHITE CLAY Drive, NEWARK, DE 19711
      View Details
    • Contact for pricing
      4,600 SF

      Restaurant Opportunity in Growth Market

      Restaurant space for sale in a high-income, growing area.
      481 Stanton Christiana Rd, Newark, DE 19713
      View Details
    • $13
      28,050 SF

      Premier Newark Business Park

      350-acre business park with office spaces in Newark, Delaware.
      100 Lake Drive, Newark, DE 19702
      View Details
    • Contact for pricing
      109,000 SF

      Newark Medical Office Complex

      Medical office complex in Newark, DE, near I-95.
      2600 Glasgow Ave, Newark, DE 19702
      View Details
    • $3,300,000

      Student Housing Investment Opportunity

      Five-unit student housing near University of Delaware campus.
      118 NEW LONDON Rd, Newark, DE 19711
      View Details
    • $5,199,000
      13,132 SF

      Medical Office Building For Sale

      Spacious medical office building with multiple exam rooms and offices.
      4755 Ogletown Stanton Rd, Newark, DE
      View Details
    • $2,500,000
      14,360 SF

      Spacious Church Facility For Sale

      14,360 SF church with large sanctuary and commercial kitchen.
      2038 PLEASANT VALLEY ROAD, NEWARK, DE 19702
      View Details
    • $6,529,000
      14,087 SF

      Delaware Outpatient Surgery Center Investment

      Medical facility with long-term lease and annual CPI rental increases.
      774 Christiana Rd, Newark, DE 19713
      View Details
    • $5,547,847
      14,000 SF

      Fully Occupied Retail Center

      Multi-tenant retail center with stable cash flow and NNN leases.
      681 E Chestnut Hill Rd, Newark, DE
      View Details
    • $10,990,000
      20,000 SF

      Retail Property in Newark, Delaware

      20,000 square foot retail property available for sale.
      60-74 Geoffrey Dr, Newark, DE
      View Details
    • $100,000
      2,000 SF

      Retail Property in Newark, Delaware

      Retail property available for sale in Newark, Delaware.
      1201 Churchmans Rd, Newark, DE
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office space for sale near Christiana Hospital Campus.
    Where is this medical office space located?
    The property is located at 4735 Ogletown Stanton Rd Newark, DE.
    What is the asking price?
    The asking price for this property is $5,199,000.
    What are key features of this property?
    This property features: Medical office space within The Christiana Hospital Campus.; Large space: **13,132 square feet**.; Includes **19 Exam Rooms** and 9 Individual Offices.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Trani
    Real Estate License ID: RS330199
    Learn More
    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.
    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
    4735 Ogletown Stanton Rd, Newark, DE 19713
    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!