Listing Agency: RE/MAX First Integrity s***@remax.net Show Phone

Listed By: Susan Neal · License #RB14024543 Show Phone

Source: Exprealty

Added: Jun 12, 2025 Changed: Aug 10 Last Checked: Aug 11 at 10:14AM

Report an Issue

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

Investment Insights

Based on property information with market context.

Key Highlights

• Over 20,000 SF flexible‑use commercial space for lease, divisible to fit tenant needs
• Includes 6,100 SF warehouse with 4 shared loading docks and 19‑foot high ceilings
• Zoned for office, medical, light industrial, and professional use

Property Analytics

Property Profile

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

19 ft

Clear height

4

Dock-high doors

Yes

Highway access

NNN (Triple Net)

Lease Type

$1.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

578

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Restaurant/Bar Building with Kitchen

1914 I Avenue, New Castle, IN 47362

$3,900/Mo

View details

Updated Office-Retail Suite

2111 Broad Street, New Castle, IN 47362

$950/Mo

View details

Retail Space with Pylon Sign

2915 South 14th St, New Castle, IN 47362

Contact for pricing

7,500 sqft

View details

Industrial Manufacturing Facility with Docks

2600 Troy Avenue, New Castle, IN 47362

$20,000/Mo

View details

Warehouse for Lease

2600 Troy Avenue, New Castle, IN 47362

$20,000/Mo

View details

Anchored Retail Shopping Center

475-525 & 601 S. Memorial Dr, New Castle, IN 74112

Contact for pricing

View details

Retail Space in New Castle

427-501 S Memorial Dr, New Castle, IN

Contact for pricing

7,500 sqft

View details

Similar Off Market Nearby

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

Frequently Asked Questions

Where is this flex space located?

The property is located at 527 New York Ave New Castle, IN.

What is the lease rate?

The lease rate is $7 SF/Yr.

What are key features of this property?

This property features: Over 20,000 SF flexible‑use commercial space for lease, divisible to fit tenant needs; Includes 6,100 SF warehouse with 4 shared loading docks and 19‑foot high ceilings; Zoned for office, medical, light industrial, and professional use