3120 Wilmington Rd New Castle, PA 16105
- Office buildings
- 5,095 SF
- 1.32 lot acres
Current Use by Public Records
- Graham Timothy S MD / Orthopedic Surgeon
- Hope Palalay, PA-C / Orthopedic Surgeon
- McGann Robert D DO / Orthopedic Surgeon / Doctor
- UPMC Regional Orthopaedics / Orthopedic Clinic
- Robert D McGann, DO / Orthopedic Surgeon / Osteopath
Property Details for 3120 Wilmington Rd
- Lot size
- 1.32 lot acres
- Property size
- 5,095 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 25-433100
- APU
- 25433100
Description
This exceptional 2,100 square foot office space in New Castle, Pennsylvania, presents a unique leasing opportunity. Located at 3120 Wilmington Rd, 16105, this single-story, 2009-built Class B building offers a versatile open-concept layout, perfect for various uses including traditional office, medical office, or creative office space. Previously used as a physical therapy center, the property benefits from excellent visibility and street-side signage potential. The building is part of a larger two-building parcel, with the main building fully leased to UPMC Orthopedics, ensuring a thriving and established medical hub environment. The lease includes all utilities, insurance, and taxes, offering a cost-effective solution for businesses. The asking rent is a competitive $10 per square foot, or $1,750 per month. This prime location offers significant advantages for businesses seeking high visibility and a convenient location within a busy medical complex. The property is readily adaptable to a variety of business needs, making it an ideal choice for entrepreneurs and established companies alike. Don't miss this chance to secure this exceptional space in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $665,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $555,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $595,000
- Geo Method
- $535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $535,000
- Mixed-Use
- $575,000
- Hospitality
- $435,000
- Educational
- $530,000
- Residential Income
- $455,000
- Energy
- $445,000
- Income-Based Land
- $525,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- Lawrence
- State
- Pennsylvania
- Longitude
- -80.3561
- Latitude
- 41.0483
- CBSA code
- 35260
- CBSA name
- NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA
