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    Property profile & analytics

    2400 Wilmington Rd New Castle, PA 16105-1946

    • Retail space
    • 8,328 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US73-3085468
    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

    • Western Union / Money Transfer Service

    Property Details for 2400 Wilmington Rd

    Lot size
    0.70 lot acres
    Property size
    8,328 SF
    Zone code
    R/3
    Property type
    Retail space
    APN
    25-372900
    APU
    25372900

    Description

    This exceptional 8,400-square-foot commercial property, located at 2400 Wilmington Road in New Castle, Pennsylvania, presents a unique leasing opportunity. Situated at the high-traffic intersection of Wilmington Road (Route 18) and Hazelcroft Avenue, this single-tenant space offers unparalleled visibility and accessibility. Previously occupied by a Dollar General, the building boasts significant frontage: 147.59 feet along Wilmington Road and 206.75 feet along Hazelcroft Avenue. The property sits on a 0.668-acre lot and is zoned for Highway Commercial use, making it ideal for a variety of retail or office businesses. The entire 8,400 square feet is currently vacant and ready for immediate occupancy. Its convenient location offers easy access to a major retail corridor, placing it less than a mile from both the local hospital and the downtown area. The property also features ample signage opportunities on Wilmington Road, ensuring maximum brand exposure. This is an exceptional opportunity to establish a strong presence in a thriving commercial area. The property is classified as Retail, Office, and Special Purpose, offering flexibility for various business types. Interested parties should inquire promptly to secure this prime location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $235,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $200,000
      Mixed-Use
      $240,000
      Hospitality
      $180,000
      Educational
      $225,000
      Residential Income
      $220,000
      Energy
      $235,000
      Income-Based Land
      $225,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.3534
    Latitude
    41.0249
    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
    $10,847
    $182,300
    $177,600
    $359,900
    -
    $182,300
    $177,600
    $359,900

    Comparable in this City

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      2386 Eastbrook Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
      2386 Eastbrook Rd, New Castle, PA 16105-6510
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    • Value Estimation by Request
      1,480 SF

      1408 Wilmington Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,480 SF
      1408 Wilmington Rd, New Castle, PA 16105-2073
      View Details
    • Value Estimation
      $460,000
      7,840 SF

      2416 Wilmington Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,840 SF
      2416 Wilmington Rd, New Castle, PA 16105-1958
      View Details
    • Value Estimation
      $275,000
      2,400 SF

      2722 Wilmington Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2722 Wilmington Rd, New Castle, PA 16105-1241
      View Details
    • Value Estimation
      $210,000
      1,661 SF

      2419 Wilmington Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,661 SF
      2419 Wilmington Rd, New Castle, PA 16105-1949
      View Details

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    New Castle, PA 16105-1946
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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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