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Property profile & analytics
OFF-MARKET
Office buildings
328 Highland Ave New Castle, PA 16101-3624
Individually Owned
3-yr Hold
Free & Clear
Property ID
US73-3286572
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
6,852 SF
Lot
0.68 ac (29,621 SF)
Zoning code
R-2
APN
02-195100
UPID
US73-3286572
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
-
The Bower House Hotel & Motel Resort
-
Keystone Micro Soldering Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dezerea Freshwater · 3 yrs held
Dezerea Freshwater
since 2023
Last sale
$26,000
4 recorded transactions
Zoning & alternative use
R-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,731
Tax year 2023
Assessed value
$157,600
Assessed 2024
Previous assessed
$157,600
+0.0% YoY
Effective rate
4.27%
On assessed value
Assessed land
$39,900
Assessed improvement
$117,700
Land market value
$39,900
Improvement market value
$117,700
Total market value
$157,600
Applied tax rate
2.0000
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
3
Total area
6,852 SF
Lot
0.68 ac (29,621 SF)
Zoning code
R-2
APN
02-195100
UPID
US73-3286572
Jurisdiction
LAWRENCE
Zoning & alternative use
R-2 · New Castle, PA
Zoning R-2 · permitted uses
R-2 · 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
3
Lot
0.68 ac
Current owner
From public records · entity-resolved
Dezerea Freshwater
Individual
Free & Clear · 3 yrs held
Mailing address
317 RHODES LN, NEW CASTLE, PA 16101-9300
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
$10,477
Dezerea Freshwater
Kingsley G Reid
Public Action
related
—
Jul 27, 2020
$26,000
Kingsley G Reid
Nicholas Krowchena
Grant Deed
—
Jul 2, 2019
$5,899
Nicholas Krowchena
Director Of Lawrence County|rbsb Property Asset Mg
Tax Deed
—
Jul 27, 2016
$6,500
Rbsb Property Asset Mgm LLC
Tax Claim Bureau Of Lawrence Cnty
Grant Deed
related
—
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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