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    Property profile & analytics

    1941 Limestone Rd Wilmington, DE 19808

    • Life science properties
    • 29,969 SF
    • 6.81 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US17-0198775
    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

    • Limestone Periodontics / Oral Surgeon / Surgical Center
    • Abel Center For Oculofacial / Plastic Surgeon / Plastic Surgery Clinic
    • Dr. Ari D. Abel, MD / Ophthalmologist
    • Dr AbelCenter / Cosmetic Surgeon
    • Delaware Surgical Group: Kalish Eric Dr / Surgeon / Doctor

    Property Details for 1941 Limestone Rd

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    6.81 lot acres
    Property size
    29,969 SF
    Zone code
    ON
    Property type
    Life science properties
    APN
    08-044.40-138
    APU
    804440138

    Description

    This exceptional Class B medical office building, located at 1941 Limestone Road in Wilmington, Delaware, offers a total of 16,442 square feet of readily available space. The property is ideally suited for a variety of medical practices, boasting multiple tenancy options with spaces ranging from a minimum of 929 square feet to a maximum contiguous space of 5,211 square feet. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple medical groups seeking a prime location in New Castle County. Building amenities include a full-time maintenance crew, elevator service with stretcher accessibility, a dedicated surgery center, an on-site laboratory, and a convenient conference room equipped with a kitchenette, projector, and monitor for the use of tenants and owners. The property's address is 1941 Limestone Rd, Wilmington, DE 19808. This is a fantastic chance to establish or expand your medical practice in a well-maintained and fully equipped facility. The property is conveniently located in Wilmington, Delaware, offering easy access to major transportation routes and a thriving medical community.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6527
    Latitude
    39.7202
    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
    2024
    $183,595
    $741,600
    $4,227,300
    $4,968,900
    -
    $0.00
    $0.00
    $0.00

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      16,442 SF

      Wilmington Medical Office Space For Lease

      Delaware medical office building, 16,442 SF available.
      1941 Limestone Rd, Wilmington, DE 19808
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    Wilmington, DE 19808
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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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