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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Warehouses
209 Grn Rdg Rd New Castle, PA 16105-6139
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-3337453
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
38,320 SF
Lot
7.72 ac (336,283 SF)
Zoning code
BP
APN
25-162506
UPID
US73-3337453
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
Current use
Occupant on record · Public records
-
Container Services Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.20M
Owner & transaction history
Hl Realty Acquisition Company · 1 yrs held
Hl Realty Acquisition Company
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
BP · New Castle, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+97.7%
Commercial (general)
$2.9M
+62.0%
Retail stores
$2.8M
+58.5%
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 Castle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Castle 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
Method
Estimation
Statistic approach
$2,200,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,790,000
Current use
RESTAURANT
$3,535,000
Change: +98% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,900,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$2,835,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $2.20M (Oct 29 2024)
Last sale anchor
$2.20M
Oct 29 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$57 / SF
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
$59,305
Tax year 2023
Assessed value
$1,967,700
Assessed 2024
Previous assessed
$1,967,700
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$314,400
Assessed improvement
$1,653,300
Land market value
$314,400
Improvement market value
$1,653,300
Total market value
$1,967,700
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
ELECTRIC
Buildings
2
Stories
1
Total area
38,320 SF
Lot
7.72 ac (336,283 SF)
Zoning code
BP
APN
25-162506
UPID
US73-3337453
Jurisdiction
LAWRENCE
Zoning & alternative use
BP · New Castle, PA
Zoning BP · permitted uses
BP · New Castle, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Castle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES
Est. value
$2.8M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
ELECTRIC
Stories
1
Buildings
2
Lot
7.72 ac
Current owner
From public records · entity-resolved
Hl Realty Acquisition Company
Entity
Free & Clear · 1 yrs held
Mailing address
600 E COMMERCIAL AVE STE #800, ELLWOOD CITY, PA 16117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
$2,200,000
Hl Realty Acquisition Company
Fip Master Funding Xxii LLC
Special Warranty Deed
—
Oct 15, 2024
$2,200,000
Fip Master Funding Xxii LLC
Fip Master Funding Viii LLC
Special Warranty Deed
—
Feb 8, 2023
$2,780,000
Fip Master Funding Viii LLC
New Castle Holdings LLC
Special Warranty Deed
$800,000,000 · Citibank NA
Aug 20, 2018
$2,442,225
New Castle Holdings LLC
Wampum Partners LLC
Deed
—
Nov 23, 2016
—
Wampum Partners LLC
—
Deed
related
$1,487,500 · First Nat'l Bk/pa
Nov 14, 2016
$1,444,600
Wampum Partners LLC
Becan Development LLC
Deed
—
—
—
Becan Dev LLC
—
Loan Modification
related
$993,877 · National City Bank
—
—
Becan Dev LLC
—
Deed Of Trust
related
$683,500 · Mercer Cnty St Bk
—
—
Wampum Partners LLC
—
Loan Modification
related
$1,487,500 · First Nat'l Bk/pa
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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