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2165 State St New Castle, PA 16101

OFF-MARKET Land Google Maps
9.8 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 9.8-acre commercial land parcel presents a unique investment opportunity in New Castle, Pennsylvania. Strategically located less than half a mile from Interstate 376, this property boasts unparalleled accessibility and visibility. Its Commercial zoning allows for a wide range of development possibilities, making it ideal for businesses seeking a high-traffic location. The property is conveniently situated adjacent to Union Area Middle/High School, offering potential synergy with educational or community-focused projects. Furthermore, all necessary water and sewer infrastructure is readily available, simplifying the development process. Adding to its appeal, an additional 1.45-acre parcel is available for purchase separately, fronting US 224, for $400,000. This presents an opportunity to expand the development footprint significantly. The combined acreage offers substantial potential for a large-scale commercial venture, benefiting from its prime location and convenient access to major transportation arteries. The asking price for the 9.8-acre parcel is $499,000. This property is ready for immediate development and represents a compelling investment in a thriving Pennsylvania market. Don't miss this chance to acquire a highly desirable commercial land parcel in a strategic location.

Property profile

Verified
Property type Land
Lot 9.8 ac (426,888 SF)

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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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