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Build-to-Suit Flex Space
For Sale
$725,400

517 New York Avenue, New Castle, IN 47362

An open layout can accommodate office, medical, professional service, or light industrial operations.

Property SizeContact for details
Days on Market10

Property Features for 517 New York Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 1995
Listing Agency: RE/MAX First Integrity
Listed By: Susan Neal · License #RB14024543
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 4:46PM

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 First Integrity

Rey
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Investment Insights

Based on property information with market context.

This 1995 flex property offers open interior space with options for division and build-to-suit improvements. The stated ceiling height is 19 feet, available if needed. On-site parking serves the property, and the listed uses include office, medical, professional services, and light industrial operations.

The property is at 517 New York Avenue in New Castle, just off SR 3 and described as minutes from I-70.

Key Highlights

  • Flex space built in 1995
  • Open layout with divisible space and build‑to‑suit options
  • 19‑foot ceilings available if needed

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center Storage Facility Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

506
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • L.A. Liquid Catering- Mobile Bar — 1214 Broad St, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Flex space - An open layout can accommodate office, medical, professional service, or light industrial operations.
Where is this flex space located?
The property is located at 517 New York Avenue New Castle, IN.
What is the asking price?
The asking price for this property is $725,400.
What are key features of this property?
This property features: Flex space built in 1995; Open layout with divisible space and build‑to‑suit options; 19‑foot ceilings available if needed
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