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    Property profile & analytics

    2 New Castle Rd Prospect, PA 16052

    • Commercial real estate
    • 2.16 lot acres
    For Sale
    View listing
    $175,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2 New Castle Rd

    Lot size
    2.16 lot acres
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prospect
    County
    Butler
    State
    Pennsylvania
    Longitude
    -80.0178
    Latitude
    40.9038

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      145 Grindel Rd

      COMMERCIAL (GENERAL) • 0.55 Acres
      145 Grindel Rd, Prospect, PA 16052-2003
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    • Value Estimation by Request

      1113 New Castle Rd

      Commercial real estate
      1113 New Castle Rd, Prospect, PA 16052
      View Details
    • Value Estimation by Request
      1.00 Acre

      1063 New Castle Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      1063 New Castle Rd, Prospect, PA 16052-2122
      View Details
    • Value Estimation
      $255,000
      1.12 Acres

      1001 New Castle Rd

      COMMERCIAL (GENERAL) • 1.12 Acres
      1001 New Castle Rd, Prospect, PA 16052-2107
      View Details
    • Value Estimation by Request
      1.03 Acres

      1051 New Castle Rd

      COMMERCIAL (GENERAL) • 1.03 Acres
      1051 New Castle Rd, Prospect, PA 16052-2121
      View Details
    • Value Estimation
      $265,000
      7.00 Acres

      830 Unionville Rd

      COMMERCIAL (GENERAL) • 7.00 Acres
      830 Unionville Rd, Prospect, PA 16052-2126
      View Details

    Similar Nearby for Sale

    • $175,000
      2.16 Acres

      Prime Prospect Commercial Land

      2.16 Acres, Route 422 Frontage
      2 New Castle Rd, Prospect, PA 16052
      View Details
    • $149,900

      Prime Commercial Land in Prospect, PA

      Route 422 Frontage, Development Potential
      1086 Benjamin Franklin Hwy, Prospect, PA 16052
      View Details
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    2 New Castle Rd
    Prospect, PA 16052
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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
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