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Property profile & analytics
OFF-MARKET
Commercial real estate

1113 New Castle Rd Prospect, PA 16052

Built 1950
Property ID
Property summary
AI-generated overview

This unique property located at 1113 New Castle Rd., Prospect, Pennsylvania presents a compelling investment opportunity. The property is classified as "Other," indicating a versatile potential for various uses. Situated on a lot of zero acres, the property's size suggests a potential for redevelopment or infill development, depending on local zoning regulations and permitted uses. The absence of a listed square footage necessitates further due diligence to determine the exact dimensions and buildable area. The property's address, 1113 New Castle Rd., provides a clear location for potential buyers to conduct their own site visits and assessments. Given the "0" price listed, this property is likely being offered for sale through a negotiation process. Interested parties should be prepared to submit offers and engage in discussions with the seller to determine a mutually agreeable price. The lack of detailed description necessitates independent investigation into the property's condition, potential uses, and any existing encumbrances. Prospective buyers are strongly encouraged to conduct thorough due diligence, including title searches, environmental assessments, and zoning verification, before making an offer. This property offers a blank canvas for creative development, making it an attractive proposition for investors seeking a unique project with significant upside potential. The absence of specific details underscores the need for proactive investigation and a comprehensive understanding of the local market conditions before committing to a purchase.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fairground Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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