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Property profile & analytics
OFF-MARKET Estimated value $2,355,000
Medical Office Space

290 Churchmans Rd New Castle, DE 19720-3110

2,400 SF 3 ac lot Built 2002
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US17-0092559
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction STONE
Total area 2,400 SF
Lot 3 ac (130,680 SF)
Zoning code I
APN 10-023.00-003
UPID US17-0092559
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
  • Brandywine Valley SPCA, Delaware - Copeland Center for Animal Welfare Charitable Organization Social Service Agency
  • Veterinary Specialty Center of De: Sorrell-Raschi Laurie A DVM Veterinary Clinic
  • Scott Roberts, VMD, DACVS Physician
  • Dora Connelly, VMD Physician
  • Veterinary Specialty Center of De: Vicari Erin DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.36M
Owner & transaction history
Brandywine Valley Society For Preve · 5 yrs held
Brandywine Valley Society For Preve
since 2020
Last sale
$2.0M
6 recorded transactions
2020
$2.0M
2018
$3.5M
2008
$1.9M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I · New Castle, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

may be utilized in a manner consistent with their prior Industrial (I) or Service Commercial (SC) zoning classification. No new structures shall be erected, and no existing structures expanded, except for uses permitted by the Downtown Gateway (DG) zoning classification. Notwithstanding the foregoing prohibition on the construction or expansion of new or exi…

Zone name Industrial
General category INDUSTRIAL
Zone area 268.64 ac
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