Commercial Land on Memorial
For Sale
Contact for pricing
N Memorial Dr, New Castle, IN 47362
1.20 acre commercial development land with high visibility.
Property SizeContact for details
Lot Size1.20 Acres
Days on Market1637
Property Features for N Memorial Dr
General Information
Standard status
Active
Lot size
1.20 Acres
Property subtype
Land
Listing Agency:
RE/MAX First Integrity
(765) 524-5585
Listed By:
Susan Falck-Neal · License #RB14024543
Source:
Crexi
Added: Feb 28, 2022
Changed: Aug 8
Last Checked: Aug 22 at 3:30PM
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.
This is a 1.20-acre commercial development land parcel located on State Road 3 (Memorial Drive) in New Castle. The property offers high visibility and traffic exposure. The level, unimproved parcel features significant street frontage and a corner location at Memorial Drive and Wittenbraker Drive. City water, sewer, and electric utilities are available at the site. The property is positioned along a strong commercial corridor, near a medical facility, professional offices, a new housing development, and the YMCA. The C-1 Local Business zoning allows for a range of neighborhood-oriented commercial uses. The lot size is approximately 180 feet by 300 feet. The site is suitable for neighborhood-scale commercial development, including medical or dental offices, professional office or service centers, retail or convenience uses, fast-casual or drive-through food service, and daycare or early learning facilities.
Key Highlights
- High visibility and traffic exposure on State Road 3 (Memorial Drive).
- Corner lot location at Memorial Drive and Wittenbraker Drive with significant street frontage.
- C‑1 Local Business zoning provides flexibility for a range of commercial uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.20 acre commercial development land with high visibility.
Where is this commercial land located?
The property is located at N Memorial Dr New Castle, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High visibility and traffic exposure on State Road 3 (Memorial Drive).; Corner lot location at Memorial Drive and Wittenbraker Drive with significant street frontage.; C‑1 Local Business zoning provides flexibility for a range of commercial uses.
