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Commercial Land with Highway Frontage
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5 N Memorial Dr, New Castle, IN 47362

Commercial land with C-1 zoning and city utilities, positioned on SR 3 frontage in a high-traffic area.

Property SizeContact for details
Days on Market121

Property Features for 5 N Memorial Dr

General Information

Standard status Active
Property subtype Land
Zoning C-1

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Matt Huffman · License #IN RB14030365
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 8:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker/Crossroads Real Estate

Investment Insights

Based on property information with market context.

This commercial land parcel offers development flexibility with C-1 zoning. The site is positioned for visibility along SR 3 and is described as being in a high-traffic area.

The property is located near a new medical facility and a YMCA, supporting a mix of retail and neighborhood-serving uses that may fit within the C-1 zoning framework. City utilities are noted as available for development planning.

Key Highlights

  • Commercial land with C‑1 zoning
  • Positioned on SR 3 frontage in a high‑traffic area
  • City utilities available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Garden Center Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 47362, IN

30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with C-1 zoning and city utilities, positioned on SR 3 frontage in a high-traffic area.
Where is this commercial land located?
The property is located at 5 N Memorial Dr New Castle, IN.
What are key features of this property?
This property features: Commercial land with C‑1 zoning; Positioned on SR 3 frontage in a high‑traffic area; City utilities available
More about this property
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