Fully Leased Industrial
905 Sampson St, New Castle, PA 16101
For Sale
Contact for pricing
6,800 SF industrial property with stable income in New Castle.
Property Size6,800 SF
Lot Size2.86 Acres
Price / SF$102.94
Days on Market266
Property Features for 905 Sampson St
General Information
Standard status
Size
Class
Lot size
Property subtype
Occupancy
Investment Type
Building Details
Year Built
Listing Agency:
IronHorn Enterprises
Listed By:
Ryan Jenkins · License PA #0225268974
Source:
Crexi
Added: Feb 20
Changed: Nov 8
Last Checked: Nov 12 at 5:57AM
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 IronHorn Enterprises
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Investment Insights
Based on property information with market context.
Located at 905 Sampson Street in New Castle, this fully leased 6,800 SF industrial property sits on two parcels totaling 2.86 acres. The property offers stable in-place income, making it a long-term investment opportunity. The building features 14’ clear heights and two drive-in doors. Approximately 32% of the building is office space, supporting functional operations for a light industrial or service user. The expansive site provides future optionality for parking, outdoor storage, or expansion, enhancing residual value. Positioned just minutes from Downtown New Castle with direct access to Route 18, Route 422, and I-376, the property benefits from strong connectivity to the greater Pittsburgh metro and key Western Pennsylvania industrial corridors. This connectivity makes it a compelling income-producing investment with flexibility for future value creation.
Key Highlights
- Fully leased 6,800 SF industrial property providing stable in‑place income.
- Located on 2.86 acres, offering potential for parking, outdoor storage, or expansion.
- Excellent location with direct access to Route 18, Route 422, and I‑376, near Downtown New Castle.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,566
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,320
$951.3K
Cap Rate 7%
$679,514
$679.5K
Cap Rate 9%
$528,511
$528.5K
Market Conditions
NOI Build-Up for 6,800 SF
Gross rent
$77.5K $11.40/SF
− Vacancy
−$4.3K −$0.64/SF
EGI
$73.2K $10.76/SF
− OpEx
−$25.6K −$3.77/SF
NOI
$47.6K $7.00/SF
Area
Lawrence County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,320
Cap Rate 7%
$679,514
Cap Rate 9%
$528,511
Alternative Uses
Best Use
Industrial
$962.9K
$842.5K – $1.12M
NOI $67,402 @ 7.0% cap · market cap 9.63%
Second Best
Flex RnD
$679.5K
$594.6K – $792.8K
NOI $47,566 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,245 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 16101, PA
31,960
Population
14,755
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
69.2 sq mi
ZIP Area
462
Density / Sq Mi
$50,481
Median Household Income
$36,670
Median Earnings
$706
Median Rent
$109,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Austin Taste US — New Castle, PA 16101
Frequently Asked Questions
What type of property is this?
Flex space - 6,800 SF industrial property with stable income in New Castle.
Where is this flex space located?
The property is located at 905 Sampson St New Castle, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully leased 6,800 SF industrial property providing stable in‑place income.; Located on 2.86 acres, offering potential for parking, outdoor storage, or expansion.; Excellent location with direct access to Route 18, Route 422, and I‑376, near Downtown New Castle.
