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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Manufacturing properties
418 Cascade Str New Castle, PA 16101-3384
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-3088924
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
12,052 SF
Lot
0.58 ac (25,265 SF)
Zoning code
M1
APN
04-048000
UPID
US73-3088924
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
-
C P Trading Group Law Firm
-
Waddell & Reed, Inc. - Financial Advisors Financial Advisor
-
Steelite International Cascade Warehouse Warehouse & Storage
-
Gardner's Tax & Financial Services New Castle Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Carter Lumber Co · 3 yrs held
Carter Lumber Co
since 2022
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
M1 · New Castle, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+316.3%
Medical building
$1.4M
+303.9%
Retail stores
$1.1M
+214.2%
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
$1,015,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,410,000
Change: +316% · Conversion: Difficult
MEDICAL BUILDING
$1,370,000
Change: +304% · Conversion: Difficult
RETAIL STORES
$1,065,000
Change: +214% · Conversion: Moderate
OFFICE BUILDING
$1,030,000
Change: +205% · Conversion: Difficult
COMMERCIAL (GENERAL)
$895,000
Change: +164% · Conversion: Difficult
WAREHOUSE, STORAGE
$800,000
Change: +137% · Conversion: Easy
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.00M (Dec 14 2022)
Last sale anchor
$1.00M
Dec 14 2022
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
$82 / 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
$4,440
Tax year 2023
Assessed value
$116,900
Assessed 2024
Previous assessed
$116,900
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$8,700
Assessed improvement
$108,200
Land market value
$8,700
Improvement market value
$108,200
Total market value
$116,900
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Stories
1
Total area
12,052 SF
Lot
0.58 ac (25,265 SF)
Zoning code
M1
APN
04-048000
UPID
US73-3088924
Jurisdiction
LAWRENCE
Zoning & alternative use
M1 · New Castle, PA
Zoning M1 · permitted uses
M1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$895,000
WAREHOUSE, STORAGE
Est. value
$800,000
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Carter Lumber Co
Entity
Mailing address
601 TALLMADGE RD, KENT, OH 44240-7331
Ownership since
2022
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
Dec 14, 2022
$1,000,000
Carter Lumber Co
Cp Land Investments LLC
Deed
$500,000 · Cp Land Investments LLC
Jun 13, 2012
$122,745
Cascade LP
Pm Recovery INC
Warranty Deed
related
—
—
—
420 Cascade LP
—
Deed Of Trust
related
$500,000 · P M Recovery INC
—
—
420 Cascade LP
—
Deed Of Trust
related
$650,000 · First Nat'l Bk/pa
—
—
420 Cascade LP
—
Deed Of Trust
related
$650,000 · First Nat'l Bk/pa
—
—
Cp Land Investments LLC
—
Deed Of Trust
related
$650,000 · First Nat'l Bk/pa
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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