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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Office buildings
2623 Wilmington Rd, New Castle, PA 16105-1529
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-3532706
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
5,207 SF
Lot
10.75 ac (468,270 SF)
Zoning code
C
APN
25-160202
UPID
US73-3532706
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
-
Ruby Sara DDS Dental Office
-
Dr. John P. Matta, DMD Dental Office
-
Kimberlin Gary DDS Dental Office
-
Watters III George E DDS Dental Office
-
Manuel Kristen A Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$730k
Owner & transaction history
2623 Wilmington Road LLC · 8 yrs held
2623 Wilmington Road LLC
since 2018
5 recorded transactions
Zoning & alternative use
C · New Castle, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
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
$140 / 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
$15,009
Tax year 2023
Assessed value
$498,000
Assessed 2024
Previous assessed
$498,000
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$128,900
Assessed improvement
$369,100
Land market value
$128,900
Improvement market value
$369,100
Total market value
$498,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Stories
1
Total area
5,207 SF
Lot
10.75 ac (468,270 SF)
Zoning code
C
APN
25-160202
UPID
US73-3532706
Jurisdiction
LAWRENCE
Zoning & alternative use
C · New Castle, PA
Zoning C · permitted uses
C · 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.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
10.75 ac
Current owner
From public records · entity-resolved
2623 Wilmington Road LLC
Entity
Mailing address
2623 WILMINGTON RD, NEW CASTLE, PA 16105-1529
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2018
$363,039
2623 Wilmington Road LLC
Serenity Dev Co LLC
Grant Deed
—
Mar 19, 2018
—
2623 Wilmington Road LLC
—
Deed
related
$2,925,000 · Home Svgs Bk
Mar 16, 2007
—
Serenity Development Company LLC
Neshannock Prefessional Building As
Correction Deed
related
—
—
—
Serenity Dev Co LLC
—
Deed Of Trust
related
$439,428 · Key Bank NA
—
—
2623 Wilmington Road LLC
—
Deed Of Trust
related
$2,925,000 · Home Svgs Bk
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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