Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    50 Margaret St New Castle, PA 16101-3912

    • Distribution centers
    • 7,800 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    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.

    Current Use by Public Records

    • Wish Designs / Department Store

    Property Details for 50 Margaret St

    Lot size
    0.73 lot acres
    Property size
    7,800 SF
    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

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

    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

    Comparable in this City

    • Value Estimation by Request
      13,500 SF

      1375 Sampson St

      Distribution properties • 13,500 SF
      1375 Sampson St, New Castle, PA 16101
      View Details
    • Value Estimation by Request
      88,995 SF

      2652 Ellwood Rd

      Life science properties • 88,995 SF
      2652 Ellwood Rd, New Castle, PA 16101
      View Details
    • Value Estimation by Request
      17,280 SF

      3196 Pittsburg Rd

      DISTRIBUTION WAREHOUSE • 17,280 SF
      3196 Pittsburg Rd, New Castle, PA 16101
      View Details
    • Value Estimation by Request
      16,222 SF

      487 Shenango Stop Rd

      DISTRIBUTION WAREHOUSE • 16,222 SF
      487 Shenango Stop Rd, New Castle, PA 16101-6327
      View Details
    • Value Estimation
      $870,000
      21,300 SF

      275 Commerce Ave

      DISTRIBUTION WAREHOUSE • 21,300 SF
      275 Commerce Ave, New Castle, PA 16101-7625
      View Details
    • Value Estimation
      $2,520,000
      40,600 SF

      103 Riverpark Dr

      DISTRIBUTION WAREHOUSE • 40,600 SF
      103 Riverpark Dr, New Castle, PA 16101-8919
      View Details

    Similar Nearby for Sale

    • $399,900

      Retail/Showroom with Warehouse Space

      5950 SF building with retail and warehouse space for sale.
      1236 E Washington St, New Castle, PA 16101
      View Details
    • New
      $145,000
      Pending

      Functional Warehouse in Prime Location

      Well-equipped warehouse with ample parking and convenient highway access.
      712 S Mill St, New Castle, PA 16101
      View Details
    • $1,200,000
      11,300 SF

      Rhodes Estates: Mixed-Use Investment

      11,300 SF Mixed-Use Property, PA
      316 Rhodes Pl, New Castle, PA 16101
      View Details
    • Contact for pricing
      25.00 Acres

      Prime Commercial Land, New Castle PA

      25 Acres, Excellent Location, Highway Access
      25 Frenz Rd, New Castle, PA 16101
      View Details
    • $2,000,000
      47,000 SF

      Downtown New Castle Office Complex

      47,000 SF Office Building, Prime Location
      253 Washington St, New Castle, PA 16101
      View Details
    • $1,000,000
      11,469 SF

      Retail Building with Drive-Thru

      11,469 SF standalone building with drive-thru and large parking.
      31 N Jefferson St, New Castle, PA 16101
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Corner Office Space For Rent

      Prime corner office space with abundant natural light available for lease.
      19 E Washington St, New Castle, PA 16101
      View Details
    • Contact for pricing
      30,000 SF

      Retail Space in New Castle

      30,000 SF retail space with established co-tenants.
      2611 Ellwood Rd, New Castle, PA 16101
      View Details
    • $1,650 /Mo
      462,172 SF

      Shenango Twp Office Space For Rent

      Commercial space with high visibility and ample parking.
      2626 Ellwood Rd, New Castle, PA 16101
      View Details
    • Contact for pricing
      68,059 SF

      Giant Eagle Retail Space Available

      Lawrence County, Multiple Suites, 7,613 SF Vacant
      1710 New Butler Rd, New Castle, PA 16101
      View Details
    • $500 /Mo
      4,356 SF

      Updated Office Space in Riverplex

      Modern office space in downtown New Castle's Riverplex Complex.
      11 S Mill St, New Castle, PA 16101
      View Details
    • $2,300 /Mo

      Shenango Plaza Retail Space Available

      3500 sq ft retail space with high visibility.
      2630 Ellwood Rd, New Castle, PA 16101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50 Margaret St
    New Castle, PA 16101-3912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.