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Medical Office Building
New
For Sale
$389,900

1685 South Spiceland Road New, New Castle, IN 47362

A single-story layout and paved parking serve the property’s professional office configuration.

Property Size4,800 SF
Lot Size1.62 Acres
Price / SF$81.23
Days on Market3

Property Features for 1685 South Spiceland Road New

General Information

Standard status Active
Size 4,800 SF
Lot size 1.62 Acres
Property subtype Health Care

Additional Details

Floor 1
Road Access Yes

Building Details

Building Size 4,800 SF
Year Built 1997
Buildings 1
Stories 1
Listing Agency: RE/MAX
Listed By: Susan Neal · License #RB14024543
Source: Remaxcommercial
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 5:37AM

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 RE/MAX

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4,800-square-foot medical office occupies a 1.623-acre site at 1685 South Spiceland Road in New Castle, Indiana. Built in 1997, the single-story building has a medical office layout and paved parking. Its position along South Spiceland Road includes road frontage.

Key Highlights

  • 4,800 SF medical office building
  • 1.623‑acre site along South Spiceland Road with road frontage
  • Built in 1997; single‑story configuration with paved parking

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Real Estate Agency Dental Office Auto Repair Shop

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
Paved road access

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Pat's Pet Clinic — 11 Midway Dr, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Medical Office Space - A single-story layout and paved parking serve the property’s professional office configuration.
Where is this medical office space located?
The property is located at 1685 South Spiceland Road New New Castle, IN.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 4,800 SF medical office building; 1.623‑acre site along South Spiceland Road with road frontage; Built in 1997; single‑story configuration with paved parking
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