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New Palestine Redevelopment Opportunity
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5023 W Us Hwy 52, New Palestine, IN 46163

0.68-acre parcel suitable for small commercial development.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market103

Property Features for 5023 W Us Hwy 52

General Information

Standard status Active
Lot size 0.32 Acres
Property subtype LAND
Listing Agency: Tharp Realty
Listed By: Crystal Kennard · License #RB14051298
Source: Moodyscre
Added: Apr 30 Changed: Aug 8 Last Checked: May 8 at 3:30AM

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. The site offers excellent visibility and is surrounded by established neighborhoods and growing community amenities. It is located in one of Hancock County’s most desirable and rapidly expanding areas, presenting strong potential for a small commercial development.

Key Highlights

  • Redevelopment opportunity in the heart of New Palestine.
  • Excellent visibility.
  • Surrounded by established neighborhoods.

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 suitable for small commercial development.
Where is this commercial land located?
The property is located at 5023 W Us Hwy 52 New Palestine, IN.
What are key features of this property?
This property features: Redevelopment opportunity in the heart of New Palestine.; Excellent visibility.; Surrounded by established neighborhoods.
(317) 418-2464 Call to check price and availability
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