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    Property profile & analytics
    OFF-MARKET Estimated value $24,530,000
    Commercial real estate

    200 Banning St, Dover, DE 19904-3485

    201,288 SF Built 2008
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US17-0114540
    Property summary
    AI-generated overview

    This exceptional three-story, 22,855 square foot Class A medical office building, constructed in 2008, is situated in Kent County, Delaware. Currently, the entire 22,855 square feet is available for lease, offering flexible space options ranging from a minimum of 2,894 square feet to a maximum contiguous space of 4,927 square feet. The building boasts a prime location off West North Street, providing convenient access to N. Dupont Highway. This multi-tenant property is ideally suited for a variety of medical practices or related businesses. On-site amenities include a Walgreens pharmacy, a convenient café, and a comprehensive range of medical services, including surgery, gynecology, urology, urgent care, and lab testing, all within the Eden Hill Medical Center complex. The building's modern design and convenient location make it an attractive option for businesses seeking high-quality office space in a thriving medical environment. The building's multiple suites allow for customization to meet the specific needs of various tenants. This is a rare opportunity to secure a significant presence in a well-established and highly sought-after medical center.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2008
    Total area 201,288 SF
    Zoning code TND
    APN 2-05-076.00-01-13.02-001
    UPID US17-0114540
    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
    • Domenick Michele A MD Physician
    • Walgreens Pharmacy at Eden Hill Medical Center Pharmacy
    • Carey III Asher B MD Physician Medical Clinic
    • Replenish Cosmetic Institute Physician Medical Clinic
    • Keeley Becky DC Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $18.42M
    Blend (final) Blend
    $24.53M
    Owner & transaction history
    MEDCORE REALTY EDEN HILL LLC
    MEDCORE REALTY EDEN HILL LLC
    Zoning & alternative use
    TND · Dover, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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