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    Property profile & analytics

    2600 Glasgow Ave Newark, DE 19702

    • Medical offices
    • 27,120 SF
    • 11.72 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US17-0232099
    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

    • Joseph Thornton, MD / Plastic Surgeon / Surgical Center
    • Christiana Hernia Center / Medical Center
    • Behavioral Health Associates / Medical Center
    • Marc D. Richman, PhD / Psychologist
    • Delaware Foot and Ankle Group / Podiatrist / Medical Clinic

    Property Details for 2600 Glasgow Ave

    Year built
    1990
    Construction
    CONCRETE
    Lot size
    11.72 lot acres
    Property size
    27,120 SF
    Zone code
    ON
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    11-026.00-115
    APU
    1102600115

    Description

    This exceptional 109,000+ square foot medical office complex, situated on an expansive 11.72-acre lot in Newark, Delaware, presents a unique investment opportunity. The property, known as Glasgow Medical Center, boasts a prime location just minutes from I-95, ensuring convenient access for both patients and staff. The building features six covered entrances with handicap accessibility, providing ease of access for all. Three elevators efficiently service the multiple tenants within the building. Currently, there are 15,236 square feet of vacant space available, divisible into units ranging from a minimum of 1,475 square feet to a maximum contiguous space of 3,972 square feet. Larger contiguous spaces may be available through combination of units. The property offers ample parking for tenants and visitors, a significant advantage in a high-traffic area. On-site facility management ensures seamless operations and exceptional tenant support. The surrounding area offers a vibrant mix of corporate campuses, shopping, restaurants, and entertainment options, creating a desirable location for medical professionals and their patients. The building enjoys 100% medical occupancy, indicating a strong and stable tenant base. This property is an ideal choice for medical practices seeking a well-maintained, conveniently located, and fully equipped office space.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7452
    Latitude
    39.5991
    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
    2023
    $228,069
    $503,000
    $4,950,900
    $5,453,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      260 Chapman Rd

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      2314 Glasgow Ave

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    • Value Estimation by Request
      700 SF

      305 Mederia Cir

      OFFICE (GENERAL) • 700 SF
      305 Mederia Cir, Newark, DE 19702-1562
      View Details

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      Glasgow Medical Center: Premier Office Space

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    Newark, DE 19702
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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
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