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Property profile & analytics
OFF-MARKET
Estimated value
$8,180,000
Warehouses
911 Industrial St New Castle, PA 16102-1329
Entity Owned
6-yr Hold
Free & Clear
Property ID
US73-3193901
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
113,800 SF
Lot
7.4 ac (322,344 SF)
Zoning code
M2
APN
07-062000
UPID
US73-3193901
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
-
Holistic Farms LLC Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.75M
Blend (final)
Blend
$8.18M
Owner & transaction history
Iip-pa 7 LLC · 6 yrs held
Iip-pa 7 LLC
since 2020
Last sale
$8.9M
2 recorded transactions
Zoning & alternative use
M2 · New Castle, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.9M
+123.3%
Restaurant
$10.5M
+97.7%
Commercial (general)
$8.6M
+62.0%
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
$10,590,000
ML approach
$8,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,315,000
Current use
OFFICE BUILDING
$11,865,000
Change: +123% · Conversion: Difficult
RESTAURANT
$10,505,000
Change: +98% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,605,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$8,420,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$8.18M
Range $7.36M – $9.00M · ±10% · vs last sale $8.87M (Jun 16 2020)
Last sale anchor
$8.87M
Jun 16 2020
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
$72 / 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
$55,300
Tax year 2023
Assessed value
$1,523,500
Assessed 2024
Previous assessed
$1,523,500
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$16,700
Assessed improvement
$1,506,800
Land market value
$16,700
Improvement market value
$1,506,800
Total market value
$1,523,500
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Stories
2
Total area
113,800 SF
Lot
7.4 ac (322,344 SF)
Zoning code
M2
APN
07-062000
UPID
US73-3193901
Jurisdiction
LAWRENCE
Zoning & alternative use
M2 · New Castle, PA
Zoning M2 · permitted uses
M2 · 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
WAREHOUSE, STORAGE Current
Est. value
$5.3M
OFFICE BUILDING
Est. value
$11.9M
RESTAURANT
Est. value
$10.5M
COMMERCIAL (GENERAL)
Est. value
$8.6M
RETAIL STORES
Est. value
$8.4M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
2
Lot
7.4 ac
Current owner
From public records · entity-resolved
Iip-pa 7 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
11440 W BERNARDO CT STE #100, SAN DIEGO, CA 92127-1642
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2020
$8,870,000
Iip-pa 7 LLC
911 Industrial LLC
Grant Deed
—
Sep 25, 2017
$550,000
911 Industrial LLC
Industrial Prop Management INC
Grant Deed
related
$1,000,000 · K&am Invtrs LP
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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