Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2 New Castle Rd Prospect, PA 16052

    For Sale
    $175,000

    2.16 Acres, Route 422 Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 2.16-acre commercial lot presents a remarkable investment opportunity in Prospect, Pennsylvania. Strategically located on New Castle Road (Route 422), this property boasts significant road frontage, ensuring high visibility and accessibility for any commercial venture. Its prime location offers easy access to Interstate 79, providing convenient connectivity to regional transportation networks. Furthermore, the proximity to the renowned Moraine State Park adds to its appeal, potentially attracting businesses catering to outdoor enthusiasts and tourists. The property has already undergone perk testing, streamlining the development process for future construction. This versatile land parcel offers a multitude of potential uses, making it an ideal canvas for entrepreneurs and developers seeking a high-impact location. The asking price of $175,000 represents a compelling value for this strategically positioned commercial land, offering significant potential for return on investment. The absence of existing structures allows for complete design flexibility, enabling the creation of a bespoke commercial development tailored to specific business needs. Don't miss this chance to secure a prime commercial property in a thriving area with excellent access and visibility. This is a rare opportunity to acquire a well-situated parcel ready for immediate development.

    Property Features for 2 New Castle Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    94,090 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Department Store Storage Facility Garden Center Electrical Service Tailor Shop Seafood Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prospect
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.01784
    Latitude
    40.90377

    Nearby Comparable

    • $149,900

      Prime Commercial Land in Prospect, PA

      Route 422 Frontage, Development Potential
      1086 Benjamin Franklin Hwy, Prospect, PA 16052
      View Details
    • $229,800
      4.00 Acres

      Prime 4-Acre Commercial Land in Butler, PA

      High-Visibility Route 422 Property - Investment Opportunity
      422 New Castle Rd, Butler, PA 16001
      View Details
    • Contact for pricing
      18,500 SF

      Flex Buildings with Outside Storage

      Flex buildings with additional parking/storage, near downtown Butler, PA.
      520 Evans City Rd, Butler, PA 16001
      View Details
    • $199,900

      Mixed-Use Building with Parking Lot

      Mixed-use building with apartments, offices, flex space, and parking.
      1665 Main St, Butler, PA 16001
      View Details
    • $1,900,000
      100.00 Acres

      100 Acres of Prime Land

      100 acres in Butler, PA with a 5-acre pond.
      619 Sunset Dr, Butler, PA 16001
      View Details
    • Contact for pricing
      10,000 SF

      Class A Office with Amenities

      Class A office building with gymnasium, kitchen, and parking.
      1737 N Main Street Ext, Butler, PA 16001
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 2.16 Acres, Route 422 Frontage
    Where is this commercial real estate located?
    The property is located at 2 New Castle Rd Prospect, PA.
    What is the asking price?
    The asking price for this property is $175,000.
    (724) 283-0005
    Request Owner's contact information
    2 New Castle Rd Prospect, PA 16052
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 New Castle Rd
    Prospect, PA 16052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2 New Castle Rd Prospect, PA 16052
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.