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    Property profile & analytics

    2314 Glasgow Ave Newark, DE 19702

    • Commercial real estate
    • 3,575 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0121172
    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

    • Commercial real estate

    Property Details for 2314 Glasgow Ave

    Lot size
    1.30 lot acres
    Property size
    3,575 SF
    Property type
    Commercial real estate

    Description

    This exceptional 3,575 square foot executive office space, located at 2314 Glasgow Avenue in Newark, Delaware, presents a unique investment opportunity. Situated on a generous 1.3-acre lot, this historic building boasts significant charm and character, with documented ties to George Washington. The property features a main building spanning two floors, offering ample space for a variety of uses, including professional offices or retail operations. A detached garage building provides additional storage or workspace potential. The property's location is highly convenient, situated just off the corner of Glasgow Avenue and Route 40, ensuring excellent accessibility and visibility. Ample parking is available, catering to both employees and customers. The building includes indoor bathrooms, adding to its functionality. Adding to its unique character, the property also features a three-person outhouse, a testament to its rich history. This property is ideal for an owner-user seeking to combine historical significance with modern convenience for their business or personal residence. The asking price is $745,000, and the property is currently vacant, offering immediate occupancy. The lease type is gross. The property is zoned for retail and office use.

    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
    -75.7457572
    Latitude
    39.6062194

    Comparable in this City

    • Contact for pricing

      Corporate Campus Office Building

      Full-service office building in a corporate campus setting.
      100 Biddle Ave, Newark, DE 19702
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      28,050 SF

      Premier Newark Business Park

      350-acre business park with office spaces in Newark, Delaware.
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    • $890,000
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      Newark Office Building For Sale

      Commercial building with office space and long-term lease.
      1003 S Chapel St, Newark, DE 19702
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      Newark Office/Industrial Building For Sale

      29,750 SF office/industrial building in Pencader Corporate Center.
      211 Lake Dr, Newark, DE 19702
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      Corporate Campus Office Building

      Office building in corporate campus setting with ample parking.
      300 Biddle Ave, Newark, DE 19702
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    • Contact for pricing

      Corporate Campus Office Building

      Office building in corporate campus with ample parking.
      200 Biddle Ave, Newark, DE 19702
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Corporate Campus Office Building

      Full-service office building in a corporate campus setting.
      100 Biddle Ave, Newark, DE 19702
      View Details
    • Contact for pricing
      28,050 SF

      Premier Newark Business Park

      350-acre business park with office spaces in Newark, Delaware.
      100 Lake Dr, Newark, DE 19702
      View Details
    • $890,000
      6,000 SF

      Newark Office Building For Sale

      Commercial building with office space and long-term lease.
      1003 S Chapel St, Newark, DE 19702
      View Details
    • Contact for pricing
      29,750 SF

      Newark Office/Industrial Building For Sale

      29,750 SF office/industrial building in Pencader Corporate Center.
      211 Lake Dr, Newark, DE 19702
      View Details
    • Contact for pricing

      Corporate Campus Office Building

      Office building in corporate campus setting with ample parking.
      300 Biddle Ave, Newark, DE 19702
      View Details
    • Contact for pricing

      Corporate Campus Office Building

      Office building in corporate campus with ample parking.
      200 Biddle Ave, Newark, DE 19702
      View Details

    Similar Nearby for Lease

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      44,000 SF

      Lagrange Retail Center: Newark, DE

      Prime Retail Space, Delaware. High-traffic location.
      2675 Pulaski Hwy, Newark, DE 19702
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      109,000 SF

      Glasgow Medical Center: Premier Office Space

      Medical Office Suites Available in Newark, DE
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      13,070 SF

      Class A Office Space Available

      Office space with loading dock and high ceilings for rent.
      252 Chapman Rd, Newark, DE 19702
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    • $19 SF/Yr
      5,300 SF

      Newark Office Space For Rent

      185,000 SF office park near I-95/Route 273 interchange.
      258 Chapman Rd, Newark, DE 19702
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    • $19 SF/Yr
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      University Office Plaza Space Available

      Office space for rent in a dynamic six-building office park.
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      Class A Office Building For Rent

      40,539 SF Class A office building constructed in 2018.
      620 Churchmans Rd, Newark, DE 19702
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    2314 Glasgow Ave
    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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