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    Property profile & analytics

    2656 Ellwood Rd New Castle, PA 16101

    • Retail properties
    • 85,479 SF
    • 6.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Grossetti Performance / Fitness Center
    • Paul Anderson & Associates / Optometrist
    • The Epic Find / Antique Store
    • OneMain Financial / Loan Agency
    • Fine Wine & Good Spirits / Liquor Store / State Liquor Store

    Property Details for 2656 Ellwood Rd

    Year built
    1960
    Lot size
    6.15 lot acres
    Property size
    85,479 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.3082
    Latitude
    40.9638

    Comparable in this City

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      3,060 SF

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    • Value Estimation by Request
      3,280 SF

      124 Oakland Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,280 SF
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    • Value Estimation by Request
      1,680 SF

      4025 Sta Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,680 SF
      4025 Sta Rd, New Castle, PA 16101-6550
      View Details
    • Value Estimation by Request
      2,100 SF

      3860 Us 422

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,100 SF
      3860 Us 422, New Castle, PA 16101-8070
      View Details
    • Value Estimation by Request
      2,152 SF

      708 Ww Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,152 SF
      708 Ww Ave, New Castle, PA 16101
      View Details
    • Value Estimation by Request
      3,030 SF

      New Rte 422nd Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,030 SF
      New Rte 422nd Rd, New Castle, PA 16101
      View Details

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    Similar Nearby for Lease

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      Corner Office Space For Rent

      Prime corner office space with abundant natural light available for lease.
      19 E Washington St, New Castle, PA 16101
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    2656 Ellwood Rd
    New Castle, PA 16101
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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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