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Property profile & analytics
OFF-MARKET
Automotive properties
3510 Wilmington Rd New Castle, PA 16105-5510
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-4429931
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Lot
6.44 ac (280,526 SF)
Zoning code
R/3
APN
25-241800
UPID
US73-4429931
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
-
Preston GM Superstore Parts Center Auto Parts Store
-
Preston GM Superstore Car Dealership Auto Repair Shop
-
BUICK at PRESTON CHEVROLET BUICK GMC Car Dealership
-
EV Connect Charging Station Electric Vehicle Charging Station
-
Preston GM Superstore Service Center Auto Repair Shop
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
Robert L Preston III Realty Company · 11 yrs held
Robert L Preston III Realty Company
since 2014
6 recorded transactions
Zoning & alternative use
R/3 · 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
$68,262
Tax year 2023
Assessed value
$2,264,900
Assessed 2024
Previous assessed
$2,264,900
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$794,000
Assessed improvement
$1,470,900
Land market value
$794,000
Improvement market value
$1,470,900
Total market value
$2,264,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Heating
NONE
Lot
6.44 ac (280,526 SF)
Zoning code
R/3
APN
25-241800
UPID
US73-4429931
Jurisdiction
LAWRENCE
Zoning & alternative use
R/3 · New Castle, PA
Zoning R/3 · permitted uses
R/3 · 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
Lot
6.44 ac
Current owner
From public records · entity-resolved
Robert L Preston III Realty Company
Entity
Mailing address
1500 WILMINGTON RD, NEW CASTLE, PA 16105-2052
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
—
Robert L Preston III Realty Company
—
Deed
related
$1,000,000 · M & T Bank
Nov 4, 2022
—
Robert L Preston III Realty Company
—
Deed
related
$3,200,000 · M & T Bank
Aug 8, 2014
—
Robert L Preston III Realty Company
New Castle Chevrolet INC
Correction Deed
related
$3,500,000 · Ally Bank
Jun 20, 2014
$800,000
Robert L Preston Realty Co
New Castle Chevrolet INC
Grant Deed
—
May 22, 2014
$800,000
Robert L Preston Realty Co
New Castle Chevrolet INC
Grant Deed
—
Feb 17, 2012
$1,850,000
New Castle Chevrolet INC
Mangiarelli,michael
Grant Deed
related
$9,000,000 · Ally Bank
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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