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Flex Space with Warehouse
For Sale
$512,400

527 New York Avenue, New Castle, IN 47362

Adaptable commercial space offers warehouse capacity, flexible floor plans, and on-site parking.

Property Size20,000 SF
Price / SF$25.62
Days on Market10

Property Features for 527 New York Avenue

General Information

Standard status Active
Size 20,000 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Property Use Office, Medical, Professional Services, Light Industrial

Amenities

shared loading dock
high warehouse ceilings
open floor plans

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 3:39PM

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

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Investment Insights

Based on property information with market context.

Built in 1995, this flex property offers more than 20,000 square feet of commercial space, including 6,100 square feet of warehouse area. The warehouse has 19-foot ceilings and four shared loading docks. Open layouts allow for varied build-outs, and the space can be divided or configured to suit tenant requirements, with landlord build-to-suit work available.

The property is just off SR 3 and minutes from I-70. On-site parking serves staff and visitors. The stated use options include office, medical, professional services, and light industrial operations.

Key Highlights

  • More than 20,000 square feet of flexible commercial space
  • 6,100 SF of warehouse area with 19‑foot ceilings
  • Four shared loading docks

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 - Adaptable commercial space offers warehouse capacity, flexible floor plans, and on-site parking.
Where is this flex space located?
The property is located at 527 New York Avenue New Castle, IN.
What is the asking price?
The asking price for this property is $512,400.
What are key features of this property?
This property features: More than 20,000 square feet of flexible commercial space; 6,100 SF of warehouse area with 19‑foot ceilings; Four shared loading docks
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