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Property profile & analytics

354 Commerce Ave New Castle, PA 16101-7624

  • Manufacturing properties
  • 7,560 SF
  • 4.21 lot acres
OFF-MARKET
Last Sale
Jun 30, 2025
$470,000
Value Estimations
$375,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-3445393
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • SSD Distribution System / Distribution Service

Property Details for 354 Commerce Ave

Lot size
4.21 lot acres
Property size
7,560 SF
Zone code
C/1
Property type
Manufacturing properties
APN
31-082300
APU
31082300

Description

This 7,500-square-foot industrial warehouse, situated on a 4.21-acre lot in the desirable Shenango Industrial Park in New Castle, Pennsylvania, presents a compelling opportunity for owner-users or investors. The property boasts a strategic location directly off US Route 422, benefiting from excellent visibility and convenient access to major transportation routes. The building, constructed in 1984 and renovated in 2000, features a spacious 5,000-square-foot warehouse with a mezzanine, complemented by 2,500 square feet of well-appointed office space. The office area includes six private offices, a conference room, and a kitchenette, providing ample space for administrative functions. The warehouse itself offers a generous clear height of 18' 5" at the peak and 15' 7" at the walls, along with convenient loading capabilities including one dock-high door and two 14-foot grade-level drive-in/drive-through doors. The property is equipped with modern amenities such as LED lighting, a robust 3-phase 480V power system with two transformers, radiant heat in the warehouse, and full HVAC in the office area. Additional features include ample parking for eight or more cars, plus a dedicated truck court and trailer parking. The property is zoned IP Industrial Park and benefits from public sewer and water utilities. The asking price is $599,000, translating to $79.87 per square foot. This property is ideally suited for a variety of industrial uses and offers significant potential for growth and return on investment. The property's location within Shenango Industrial Park places it amongst established businesses such as Almega Plastics, Ferguson Perforating, Superior Forge & Steel, DS Smith, and Gardner Steel Corporation, further enhancing its appeal and value. Pylon signage availability at the park entrance provides additional marketing opportunities. The APN is 31-082300.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $405,000
    ML approach
    $455,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $287,000
    Market price range: $121k - $320k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $665,000
    OFFICE BUILDING
    $645,000
    COMMERCIAL (GENERAL)
    $560,000
    WAREHOUSE, STORAGE
    $505,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New Castle
County
Lawrence
State
Pennsylvania
Longitude
-80.2929
Latitude
40.992
CBSA code
35260
CBSA name
NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,102
$37,300
$188,900
$226,200
-
$37,300
$188,900
$226,200
More about this property
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