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Property profile & analytics
OFF-MARKET
Commercial land
102 Market St New Wilmington, PA 16142-1284
Individually Owned
7-yr Hold
Free & Clear
Property ID
US73-3363938
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
18-043500
UPID
US73-3363938
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph R Busin · 7 yrs held
Joseph R Busin
since 2019
2 recorded transactions
Zoning & alternative use
C · New Wilmington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-Commercial District: This district is designed to accommodate a wide variety of commercial uses within the Borough commercial core. Residential uses are prohibited in the C-Commercial District, except that dwelling units as a secondary use may be permitted as a special exception on the second or higher floor of a building where the first floor is used as a…
Zone name
Commercial
General category
COMMERCIAL
Zone area
17.92 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$260
Tax year 2023
Assessed value
$10,800
Assessed 2024
Previous assessed
$10,800
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$10,800
Land market value
$10,800
Total market value
$10,800
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
18-043500
UPID
US73-3363938
Jurisdiction
LAWRENCE
Zoning & alternative use
C · New Wilmington, PAZoning C · permitted uses
C · New Wilmington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-Commercial District: This district is designed to accommodate a wide variety of commercial uses within the Borough commercial core. Residential uses are prohibited in the C-Commercial District, except that dwelling units as a secondary use may be permitted as a special exception on the second or higher floor of a building where the first floor is used as a commercial business, in accordance with § 275-11B(9) . [Amended 7-1-2024 by Ord. No. 537 ] C.
Zone name
Commercial
General category
COMMERCIAL
Zone area
17.92 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Joseph R Busin
Individual
Free & Clear · 7 yrs held
Mailing address
4620 OLD PULASKI RD, NEW WILMINGTON, PA 16142-5322
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2019
$117,500
Joseph R Busin
Mse Land INC
Grant Deed
—
Feb 18, 2014
$130,000
Mse Land INC
Centerprizes West INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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