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189 Applegate Way New Castle, PA 16101

OFF-MARKET Land Google Maps
5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US73-3318046

Property summary

AI-generated overview

This exceptional 5-acre commercial property in New Castle, Pennsylvania, presents a remarkable development opportunity. Located at 189 Applegate Way, the site boasts an enviable position at the intersection of State Route 224 and I-376, providing unparalleled visibility and accessibility. The property includes two existing warehouse/workshop buildings, one measuring 4,800 square feet and the other 5,800 square feet, along with two ranch-style homes. These structures offer potential for immediate income generation or redevelopment. The property is zoned B-2, allowing for a wide range of commercial uses. With over 22,000 vehicles passing daily, this location offers significant exposure to potential customers. Its proximity to major highways, including State Route 422 and I-79, further enhances its strategic value. The asking price for this prime commercial land is $1,200,000. The property's APN is 34-4220-1220. This is a rare chance to acquire a substantial parcel in a high-traffic area with excellent development potential. Don't miss this opportunity to capitalize on the strong commercial activity in this thriving location. The property is situated in Lawrence County, PA, zip code 16101.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)
UPID US73-3318046

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
  • Hardware & Home Improvement Furniture & Home Goods

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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