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    Property profile & analytics

    1243 State St New Castle, PA 16101-1242

    • Turn key restaurants
    • 6,402 SF
    • 1.45 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Apr 11, 2022
    Location Intelligence
    Property ID
    US73-3397191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alco Washer Center / Nursing Home / Prison

    Property Details for 1243 State St

    Lot size
    1.45 lot acres
    Property size
    6,402 SF
    Zone code
    RR
    Property type
    Turn key restaurants
    APN
    34-197700
    APU
    34197700

    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
    -80.3672
    Latitude
    41.0043
    CBSA code
    35260
    CBSA name
    NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,990
    $87,000
    $179,800
    $266,800
    -
    $87,000
    $179,800
    $266,800

    Comparable in this City

    • Value Estimation
      $255,000
      1,936 SF

      1233 Cascade St

      RESTAURANT • 1,936 SF
      1233 Cascade St, New Castle, PA 16101-5253
      View Details
    • Value Estimation
      $225,000
      2,160 SF

      820 Croton Ave

      RESTAURANT • 2,160 SF
      820 Croton Ave, New Castle, PA 16101-2579
      View Details
    • Value Estimation
      $220,000
      2,982 SF

      102 Jefferson St

      RESTAURANT • 2,982 SF
      102 Jefferson St, New Castle, PA 16101-3812
      View Details
    • Value Estimation
      $255,000
      3,640 SF

      102 Washington St

      RESTAURANT • 3,640 SF
      102 Washington St, New Castle, PA 16101-3815
      View Details
    • Value Estimation
      $280,000
      1.05 Acres

      3108 New Butler Rd

      RESTAURANT • 1.05 Acres
      3108 New Butler Rd, New Castle, PA 16101-3237
      View Details
    • Value Estimation
      $815,000
      4,393 SF

      2543 State St

      RESTAURANT • 4,393 SF
      2543 State St, New Castle, PA 16101-1036
      View Details

    Similar Nearby for Sale

    • $1,000,000
      11,469 SF

      Retail Building with Drive-Thru

      11,469 SF standalone building with drive-thru and large parking.
      31 N Jefferson St, New Castle, PA 16101
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    • Contact for pricing
      3,600 SF

      Restaurant and Bar on 1.91 Acres

      3,600 sq ft restaurant and bar with patio seating.
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    • $895,000
      0.29 Acres

      Turnkey Beer Distributor Opportunity

      Modern 2,500 SF steel building with drive-thru and Master ID.
      1814 W State St, New Castle, PA 16101
      View Details
    • Contact for pricing
      3,499 SF

      Retail Space in New Castle

      Retail property on main thoroughfare with parking.
      305 N Jefferson St, New Castle, PA 16101
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    • Contact for pricing
      3,000 SF

      Retail Space in Westgate Plaza

      Retail space available within a shopping center anchored by Sparkle Market.
      2090 W State St, New Castle, PA 16101
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    • $165,000
      2,110 SF

      Renovated Commercial Space in New Castle

      Newly renovated 2,110 sq. ft. commercial space for sale.
      109 E North St, New Castle, PA 16101
      View Details

    Similar Nearby for Lease

    • $1,650 /Mo
      462,172 SF

      Shenango Twp Commercial Space

      Premier location with high visibility and ample parking.
      2626 Ellwood Rd, New Castle, PA 16101
      View Details
    • $10 SF/Yr
      15,666 SF

      Versatile Retail and Office Space

      Adaptable space available for rent with ample parking.
      253 East Washington St, New Castle, PA 16101
      View Details
    • Contact for pricing
      30,000 SF

      Retail Space in New Castle

      30,000 SF retail space with established co-tenants.
      2611 Ellwood Rd, New Castle, PA 16101
      View Details
    • Contact for pricing
      68,059 SF

      Giant Eagle Retail Space Available

      Lawrence County, Multiple Suites, 7,613 SF Vacant
      1710 New Butler Rd, New Castle, PA 16101
      View Details
    • Contact for pricing
      40,000 SF

      Retail Opportunity in New Castle

      Up to 40,000 SF retail space for rent.
      100 S Jefferson St, New Castle, PA 16101
      View Details
    • Contact for pricing

      Corner Office Space For Rent

      Prime corner office space with abundant natural light available for lease.
      19 E Washington St, New Castle, PA 16101
      View Details
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    1243 State St
    New Castle, PA 16101-1242
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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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