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Property profile & analytics
FOR SALE
Office buildings
3124 Wilmington Rd, New Castle, PA 16105
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-3479600
For Sale
1 / 2
$4,159,440
3124 Wilmington Rd, New Castle, PA 16105
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
43,864 SF
Lot
3.88 ac (169,013 SF)
Zoning code
C2
APN
25-433000
UPID
US73-3479600
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
-
Janet Stoddard Physician
-
Nathaniel Doe Physician Medical Clinic
-
Leonidas Vassilaros Physician Medical Clinic
-
Kathleen Padgitt Physician Medical Clinic
-
Family Hospice and Palliative Care a Part of UPMC HNA Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.78M
Blend (final)
Blend
$4.68M
Owner & transaction history
Community Practice Development LP · 16 yrs held
Community Practice Development LP
since 2010
7 recorded transactions
Zoning & alternative use
C2 · 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
$4.68M
Range $4.21M – $5.14M · ±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
$107 / 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
$86,545
Tax year 2023
Assessed value
$2,871,500
Assessed 2024
Previous assessed
$2,871,500
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$395,700
Assessed improvement
$2,475,800
Land market value
$395,700
Improvement market value
$2,475,800
Total market value
$2,871,500
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
For Sale
Heating
NONE
Stories
4
Total area
43,864 SF
Lot
3.88 ac (169,013 SF)
Zoning code
C2
APN
25-433000
UPID
US73-3479600
Jurisdiction
LAWRENCE
Zoning & alternative use
C2 · New Castle, PA
Zoning C2 · permitted uses
C2 · 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
4
Lot
3.88 ac
Current owner
From public records · entity-resolved
Community Practice Development LP
Entity
Mailing address
3 TOWNLINE CIR, ROCHESTER, NY 14623-2537
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2016
—
Community Practice Dev LP
—
Deed
related
$4,350,000 · M&t Bk
Mar 16, 2010
$400,000
Community Practice Development LP
Total Patient Care LP
Deed
$4,650,000 · Manufacturers & Traders Trust Co
Mar 16, 2010
$42,124
Total Patient Care LP
Acosta,elbert R II & Beth A
Grant Deed
related
—
Oct 27, 2008
$200,000
Tpc
Callaghan,daniel J JR & Susan B
Grant Deed
related
—
—
—
Elbert R Acosta II
—
Deed Of Trust
related
$150,000 · Laurel Capital Corp
—
—
Community Practice Dev LP
—
Deed Of Trust
related
$485,000 · M & T Bank
—
—
Community Practice Dev LP
—
Deed Of Trust
related
$4,350,000 · M&t 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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