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Property profile

1375 Sampson St New Castle, PA 16101

OFF-MARKET
Industrial properties
13,500 SF 1.2 ac lot Built 1960
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Property summary

AI-generated overview

This 13,500-square-foot Class B distribution center in New Castle, Pennsylvania, is available for $810,000. Located at 1375 Sampson St, 16101, this single-story, 1960-built building sits on a 1.2-acre lot and boasts 20 parking spaces. Renovated in 2016, it features a new roof, updated mechanical systems, one loading dock with one dock-high door, and an 11-foot ceiling height. The property is zoned for light industrial use and offers excellent visibility from State Route 422. Currently vacant, this building is ideal for a single-user tenant requiring office and industrial space. The sale price equates to $60 per square foot. The property is offered as a NNN lease, and the seller requires a credit-rated tenant. The building's layout is designed for efficient workflow, and ample land provides potential for expansion or additional lay-down yard space. This is a fantastic opportunity to acquire a well-maintained, strategically located industrial property in a growing market.

Property profile

Verified
Property type Industrial properties
Year built 1960
Total area 13,500 SF
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • General Contractor Construction Company

Location

1375 Sampson St New Castle, PA 16101
New Castle metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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