2600 Glasgow Ave Newark, DE 19702
Property profile & analytics
2600 Glasgow Ave Newark, DE 19702
- Medical Office Space
- 27,120 SF
- 11.72 lot acres
Property ID
US17-0232099
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.
Location Intelligence
Current Use by Public Records
- Joseph Thornton, MD / Physician / Medical Clinic
- Christiana Hernia Center / Medical Clinic
- Behavioral Health Associates / Medical Clinic
- Marc D. Richman, PhD / Physician / Medical Clinic
- Delaware Foot and Ankle Group / Physician
Property Details for 2600 Glasgow Ave
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 11.72 lot acres
- Property size
- 27,120 SF
- Zone code
- ON
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 11-026.00-115
- APU
- 1102600115
Description
This exceptional 109,000+ square foot medical office complex, situated on an expansive 11.72-acre lot in Newark, Delaware, presents a unique investment opportunity. The property, known as Glasgow Medical Center, boasts a prime location just minutes from I-95, ensuring convenient access for both patients and staff. The building features six covered entrances with handicap accessibility, providing ease of access for all. Three elevators efficiently service the multiple tenants within the building. Currently, there are 15,236 square feet of vacant space available, divisible into units ranging from a minimum of 1,475 square feet to a maximum contiguous space of 3,972 square feet. Larger contiguous spaces may be available through combination of units. The property offers ample parking for tenants and visitors, a significant advantage in a high-traffic area. On-site facility management ensures seamless operations and exceptional tenant support. The surrounding area offers a vibrant mix of corporate campuses, shopping, restaurants, and entertainment options, creating a desirable location for medical professionals and their patients. The building enjoys 100% medical occupancy, indicating a strong and stable tenant base. This property is an ideal choice for medical practices seeking a well-maintained, conveniently located, and fully equipped office space.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,520,000
- 6.5%
- $6,020,000
- 7%
- $5,590,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $7,174,000
Market price range: $3.02M - $7.17M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $4,695,000 Current use
- COMMERCIAL (GENERAL)
- $4,550,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.7452
- Latitude
- 39.5991
- 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
2023
$228,069
$503,000
$4,950,900
$5,453,900
-
$0.00
$0.00
$0.00
