1801 Pennsylvania Ave Wilmington, DE 19806-4037
This exceptional 2,650-square-foot medical office building is ideally situated at 1801 Pennsylvania Avenue in Wilmington, Delaware, zip code 19806. The single-tenant property, renovated in 2019, offers a convenient and highly visible location on a major artery in and out of the city. The building sits on a 0.77-acre lot and features 17 parking spaces for staff and patients. Its Class C construction is complemented by versatile zoning (26C-2), allowing for retail, office, or medical office uses. The property boasts excellent visibility for both northbound and southbound traffic on Pennsylvania Avenue, as well as North Scott Street, providing ample opportunity for signage and increased patient access. Access to the property is easily achieved from both Pennsylvania Avenue and North Scott Street. The building is a single-story structure with a total of 2,650 square feet. The monthly lease rate is $6,000 plus NNN. This presents a unique opportunity for medical professionals seeking a well-located, renovated space with excellent visibility and ample parking. The property's APN is 2602010058.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
26C-2 · Wilmington, DEWilmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.