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    3457 Wilmington Rd New Castle, PA 16105

    Sponsored
    For Sale
    Contact for pricing

    16+ Acres, High Traffic, Redevelopment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16-acre commercial land parcel presents a compelling redevelopment opportunity in New Castle, Pennsylvania. Strategically located at a signalized intersection on Wilmington Road, this property boasts exceptional visibility and accessibility. Its proximity to I-376 (Beaver Valley Expressway), just 1.4 miles away, ensures convenient access to major transportation routes. The site is serviced by public utilities, offering immediate infrastructure support for development. The terrain is reasonably flat, simplifying construction and site preparation. Zoned C-2 (Highway Commercial) with an RTO (Route 18 Overlay District) designation, this land offers flexibility for a wide range of commercial uses. The high traffic volume of Wilmington Road, exceeding 10,000 vehicles daily, and the presence of a nearby Sheetz convenience store generating over 970,000 yearly visits, underscores the significant potential for high consumer traffic and business success. This property represents a rare chance to capitalize on a prime location with strong existing infrastructure and high visibility in a thriving commercial corridor. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity.

    Property Features for 3457 Wilmington Rd

    General Information

    Property type
    Land

    HighLights

    • 16+- acre commercial land parcel at a signalized intersection.
    • 1.4 miles from I‑376 (Beaver Valley Expressway).
    • Public utilities available.
    • Reasonably flat topography.
    • Redevelopment opportunity.
    • C‑2 (Highway Commercial) zoning with Route 18 Overlay District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allshouse Appliance Appliance Store

    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
    -80.3605145
    Latitude
    41.0645125

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    FAQs

    What type of property is this?
    Land - 16+ Acres, High Traffic, Redevelopment Opportunity
    Where is this land located?
    The property is located at 3457 Wilmington Rd New Castle, PA.
    What are key features of this property?
    This property features: 16+- acre commercial land parcel at a signalized intersection.; 1.4 miles from I-376 (Beaver Valley Expressway).; Public utilities available.
    (412) 261-2200
    Request Owner's contact information
    3457 Wilmington Rd New Castle, PA 16105
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    New Castle, PA 16105
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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
    3457 Wilmington Rd New Castle, PA 16105
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