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Property profile

2652 Ellwood Rd New Castle, PA 16101

OFF-MARKET
Warehouses
88,995 SF 6.04 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional 88,995-square-foot single-tenant industrial property, located at 2652 Ellwood Rd, New Castle, PA 16101, presents a unique investment opportunity. Situated on a 6.04-acre lot with 400 feet of frontage on Route 65 in the Greater Pittsburgh Area's Shenango Township, this Class B building offers versatile space ideal for manufacturing, flex, warehouse, or R&D uses. Built in 1974 and renovated in 2005, the property features a 14-foot ceiling height, one loading dock with one dock-high door, and one drive-in. Ample parking is provided with 207 spaces. The building boasts 480-3 phase power and is fully sprinklered. Zoned C-1 Community Commercial District, this property is ready for immediate occupancy. The building was formerly a K-Mart and has been meticulously maintained, with recent exterior improvements including cleaning and repainting. The landlord is willing to subdivide and build to suit tenant needs. This is a rare opportunity to acquire a substantial, well-maintained industrial property in a prime location. The property's size and features make it suitable for a variety of businesses seeking a functional and strategically located space.

Property profile

Verified
Property type Warehouses
Year built 1974
Total area 88,995 SF
Lot 6.04 ac (263,102 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
  • Home Appliance Store

Location

2652 Ellwood Rd New Castle, PA 16101
New Castle metro
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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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