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    2165 State St New Castle, PA 16101

    For Sale
    $499,000

    9.8 Acres, I-376 Access, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 9.8-acre commercial land parcel presents a unique investment opportunity in New Castle, Pennsylvania. Strategically located less than half a mile from Interstate 376, this property boasts unparalleled accessibility and visibility. Its Commercial zoning allows for a wide range of development possibilities, making it ideal for businesses seeking a high-traffic location. The property is conveniently situated adjacent to Union Area Middle/High School, offering potential synergy with educational or community-focused projects. Furthermore, all necessary water and sewer infrastructure is readily available, simplifying the development process. Adding to its appeal, an additional 1.45-acre parcel is available for purchase separately, fronting US 224, for $400,000. This presents an opportunity to expand the development footprint significantly. The combined acreage offers substantial potential for a large-scale commercial venture, benefiting from its prime location and convenient access to major transportation arteries. The asking price for the 9.8-acre parcel is $499,000. This property is ready for immediate development and represents a compelling investment in a thriving Pennsylvania market. Don't miss this chance to acquire a highly desirable commercial land parcel in a strategic location.

    Property Features for 2165 State St

    General Information

    Property type
    Land
    Lot Size
    426,888 SF

    HighLights

    • $499,000 asking price.
    • 9.8‑acre commercial land parcel.
    • Located in New Castle, PA, zoned commercial.
    • Excellent access to I‑376; less than 0.5 mile proximity.
    • Adjacent to Union Area Middle/High School.
    • Water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.382294048347
    Latitude
    41.007825233872

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    FAQs

    What type of property is this?
    Land - 9.8 Acres, I-376 Access, Development Ready
    Where is this land located?
    The property is located at 2165 State St New Castle, PA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 asking price.; 9.8-acre commercial land parcel.; Located in New Castle, PA, zoned commercial.
    Request Owner's contact information
    2165 State St New Castle, PA 16101
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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
    2165 State St New Castle, PA 16101
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