Neshannock Township Office
3135 Wilmington Rd New Castle, PA 16105
For Sale
$875,000
Two-story office building near Jameson Hospital with flexible commercial zoning.
Property Size7,000 SF
Lot Size0.60 Acres
Price / SF$125
Days on Market182
Property Features for 3135 Wilmington Rd
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.60 Acres
Listing Agency:
RE/MAX SELECT REALTY
(724) 933-6300
Listed By:
Tracy Mantzell · License #RS328339
(724) 933-6300
Source:
Exprealty
Added: Jan 26
Changed: Jul 6
Last Checked: Jul 26 at 9:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SELECT REALTY
Investment Insights
Based on property information with market context.
This two-story brick building, constructed in 2006, offers approximately 7,000 square feet of finished space. The upper level, designed for medical office use, features a reception area, seven exam rooms, three offices, three ADA-compliant restrooms, a nurses' station, and additional staff areas, totaling nearly 4,000 square feet. It also includes a private rear entrance. The lower level provides an open central space with three offices, a large conference room, a storage area, and two restrooms, encompassing almost 3,000 square feet. The building has separate utilities and HVAC systems. It features a superior wall pre-cast concrete basement with soundproofing insulation and pre-engineered wood trusses supporting the roof. There are 28 paved parking spaces with access from a side road. The property is located in Neshannock Township, less than three miles from Jameson Hospital in New Castle, and is zoned for commercial use with multiple possible applications.
Key Highlights
- Prime office space, perfect for medical or general commercial use.
- Located in Neshannock Township, less than three miles from Jameson Hospital.
- Almost 7000 SF of finished space across two stories.
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.0k | $15.00 |
| − Vacancy | −$7.9k | −$1.13 |
| EGI | $97.1k | $13.88 |
| − OpEx | −$38.9k | −$5.55 |
| NOI | $58.3k | $8.33 |
7,000 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,422 @ 7.0% cap · market cap 10.22%
Second Best
Healthcare Medical
$832.5K
$728.4K – $971.3K
NOI $58,275 @ 7.0% cap · market cap 6.66%
Theoretical Best
Warehouse
$8.50M
$7.44M – $9.92M
NOI $595,156 @ 7.0% cap · market cap 68.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Walter D. Bender, ...
Pediatrician
Dr. George Antonescu, ...
Pediatrician
Antonescu Doina MD
Pediatrician
ABC Pediatric Care
Pediatrician
Sherwat Abdelrahman
Pediatrician
FAQs
What type of property is this?
Medical Office Space - Two-story office building near Jameson Hospital with flexible commercial zoning.
Where is this medical office space located?
The property is located at 3135 Wilmington Rd New Castle, PA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Prime office space, perfect for medical or general commercial use.; Located in Neshannock Township, less than three miles from Jameson Hospital.; Almost 7000 SF of finished space across two stories.
