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Prime Redevelopment Opportunity in New Palestine
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5023 W Us Highway 52, New Palestine, IN 46163

0.68-acre parcel with high visibility in a growing community.

Property Size936 SF
Lot Size0.68 Acres
Days on Market87

Property Features for 5023 W Us Highway 52

General Information

Standard status Active
Size 936 SF
Class C
Lot size 0.68 Acres
Property subtype VacantLand

Building Details

Building Size 936 SF
Year Built 1955
Listing Agency: Tharp Realty
Listed By: Crystal Kennard · License #RB14051298
Source: Commercialcafe
Added: May 14 Changed: Aug 8 Last Checked: Jul 16 at 3:41AM

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 Tharp Realty

Investment Insights

Based on property information with market context.

This 0.68-acre parcel presents a redevelopment opportunity in New Palestine, offering excellent visibility. It is surrounded by established neighborhoods and growing community amenities. The site presents strong potential for a small commercial development. The location is in one of Hancock County’s most desirable and rapidly expanding areas.

Key Highlights

  • Redevelopment opportunity in the heart of New Palestine.
  • Located in one of Hancock County’s most desirable and rapidly expanding areas.
  • 0.68‑acre parcel.

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
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.68-acre parcel with high visibility in a growing community.
Where is this commercial land located?
The property is located at 5023 W Us Highway 52 New Palestine, IN.
What are key features of this property?
This property features: Redevelopment opportunity in the heart of New Palestine.; Located in one of Hancock County’s most desirable and rapidly expanding areas.; 0.68‑acre parcel.
More about this property
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