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Redevelopment Commercial Land Parcel
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5023-5037 US 52, New Palestine, IN 46163

0.68-acre parcel with visibility for small commercial development in New Palestine.

Property SizeContact for details
Lot Size0.68 Acres
Days on Market130

Property Features for 5023-5037 US 52

General Information

Standard status Active
Lot size 0.68 Acres
Property subtype Land
Investment Type Redevelopment
Listing Agency: Tharp Realty Group
Listed By: Crystal Kennard · License #IN RB14051298
Source: Crexi
Added: Apr 29 Changed: Sep 2 Last Checked: Aug 29 at 11:18PM

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 Tharp Realty Group

Investment Insights

Based on property information with market context.

This 0.68-acre commercial land parcel at 5023-5037 US 52 is offered as a redevelopment opportunity. The site is described as having strong visibility and is positioned for a small commercial development.

The property is located in the heart of New Palestine and is surrounded by established neighborhoods and growing community amenities, according to the provided remarks. This broader neighborhood context is intended to support continued demand for neighborhood-serving commercial uses.

As presented, the parcel is best suited for buyers looking for a smaller-footprint commercial redevelopment site rather than a single-purpose improvement.

Key Highlights

  • 0.68‑acre parcel in New Palestine, Hancock County, with visibility for small commercial development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Dental Office Auto Parts Store Restaurant HVAC Service

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

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 46163, IN

13,489
Population
5,476
Households
2.5
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.7 sq mi
ZIP Area
454
Density / Sq Mi
$111,378
Median Household Income
$59,962
Median Earnings
$1,232
Median Rent
$313,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.68-acre parcel with visibility for small commercial development in New Palestine.
Where is this commercial land located?
The property is located at 5023-5037 US 52 New Palestine, IN.
What are key features of this property?
This property features: 0.68‑acre parcel in New Palestine, Hancock County, with visibility for small commercial development
(317) 284-5534 Call to check price and availability
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