50 Margaret St New Castle, PA 16101-3912
Property profile & analytics
50 Margaret St, New Castle, PA 16101-3912
- Distribution centers
- 7,800 SF
- 0.73 lot acres
Property ID
US73-3307053
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.
Location Intelligence
Current Use by Public Records
- Wish Designs / Department Store
Property Details for 50 Margaret St
- Lot size
- 0.73 lot acres
- Zone code
- R
- Property type
- Distribution centers
- APN
- 08-085201
- APU
- 8085201
Description
This 7,800 square foot industrial property at 50 Margaret St, New Castle, PA, is a prime investment opportunity. Built in 2001, this metal-constructed building features two separate suites, each offering a blend of office and warehouse space. Each suite boasts its own restrooms, exterior overhead doors, and independent entrances, providing flexibility for multiple tenants or a single user. The property sits on a 0.73-acre lot and is zoned C-2. Key features include a 6-inch concrete slab in the warehouse area, and a clear height ranging from 11 feet 2 inches to 13 feet. The warehouse spaces benefit from two 10' x 12' overhead dock-high doors. The suites are separated by a 2-hour rated firewall, and each has its own utilities. This well-maintained property presents a rare chance to acquire a versatile industrial space in a desirable location. The asking price is $430,000. The property's location in Lawrence County, Pennsylvania, offers convenient access to major transportation routes and a strong local economy. This is an excellent opportunity for owner-occupiers or investors seeking a stable, income-generating asset.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $490,000
Market price range: $145k - $490k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $360,000 Current use
- RESTAURANT
- $720,000 Change: +100% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $445,000 Change: +23% Conversion: Difficult
- RETAIL STORES
- $380,000 Change: +5% Conversion: Moderate
- OFFICE BUILDING
- $330,000 Change: -8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- Lawrence
- State
- Pennsylvania
- Longitude
- -80.3484
- Latitude
- 40.9951
- 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
$12,275
$46,000
$261,100
$307,100
-
$46,000
$261,100
$307,100
