Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,065,000
Medical Office Space
1401 Foulk Rd Wilmington, DE 19803-2763
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US17-0444627
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1986
Construction
CONCRETE
Total area
36,158 SF
Lot
9.14 ac (398,138 SF)
Zoning code
ON
APN
06-079.00-141
UPID
US17-0444627
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Foulkstone Medical Pavillion Medical Clinic
-
ChristianaCare Imaging Services at Brandywine Medical Clinic
-
ChristianaCare Rehabilitation Services at Brandywine Physician
-
Dr. Arnelle Mcneal, MD Physician
-
Dr. Aaron N. Vanzanten, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.06M
Blend (final)
Blend
$6.07M
Owner & transaction history
Premier At Foulk Road LLC · 1 yrs held
Premier At Foulk Road LLC
since 2024
7 recorded transactions
Zoning & alternative use
ON · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Commercial (general)
$6.5M
+6.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,065,000
Current use
COMMERCIAL (GENERAL)
$6,475,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$6.07M
Range $5.46M – $6.67M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$168 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
2
Total area
36,158 SF
Lot
9.14 ac (398,138 SF)
Zoning code
ON
APN
06-079.00-141
UPID
US17-0444627
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
ON · Wilmington, DEZoning ON · permitted uses
ON · Wilmington, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$6.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Lot
9.14 ac
Current owner
From public records · entity-resolved
Premier At Foulk Road LLC
Entity
Mailing address
537 STANTON CHRISTIANA RD STE #210, NEWARK, DE 19713-2148
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Pavilion Orthopaedic Partners LLC
—
Deed
related
$637,500 · Wilmington Savings Fund Society Fsb
Nov 12, 2024
—
Foulk Road LLC
—
Deed
related
$33,000 · Wilmington Savings Fund Society Fsb
Sep 3, 2024
—
Premier At Foulk Road LLC
Fallbrooke 203 LLC
Deed
$1,100,000 · Wilmington Savings Fund Society Fsb
Mar 16, 2023
—
Sanneet INC
Entad Holdings LLC
Deed
—
Jan 8, 2022
—
Troi LLC
—
Deed
related
$75,000 · Mid Penn Bank
Jun 15, 2021
—
Entad Holdings LLC
—
Deed
related
$1,601,776 · Wilmington Savings Fund Society Fsb
Apr 26, 2021
—
Entad Holdings LLC
—
Deed
related
$250,000 · Wilmington Savings Fund Society Fsb
Jul 20, 2020
—
Entad Holdings LLC
—
Deed
related
$1,558,907 · Wilmington Savings Fund Society Fsb
Feb 13, 2020
—
Entad Holdings LLC
—
Deed
related
$1,368,407 · Wilmington Savings Fund Society Fsb
Jun 19, 2019
$525,000
Christiana Care Health Svcs In
401 Foulkstone Medical LLC
Grant Deed
—
Feb 6, 2015
—
Entad Holdings LLC
1401 Foulkstone LLC
Grant Deed
—
Nov 19, 2012
—
1401 Foulkstone Medical LLC
1401 Foulkstone LLC
Quit Claim Deed
related
$308,100 · Wilmington Savings Fund Societ
Oct 5, 2012
—
Entad Holdings LLC
1401 Foulkstone LLC
Deed
$472,000 · Wilmington Savings Fund Society Fsb
Sep 15, 2005
$10
1401 Foulkstone LLC
Bpg Office Partners IV LLC
Deed Of Trust
$8,000,000 · Citizens Federal Bank Fsb
—
—
1401 Foulkstone Medical LLC
—
Deed Of Trust
related
$225,000 · Wilmington Savings Fund Societ
—
—
1401 Foulkstone LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1401 Foulk Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
