Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    000 Wittenbraker Ave New Castle, IN 47362

    For Sale
    $125,000

    Prime Henry County location, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional one-acre commercial lot, located at 000 Wittenbraker Avenue in New Castle, Indiana (zip code 47362), presents a remarkable development opportunity. Zoned C-1, this property boasts high visibility from State Road 3 and convenient road access from both SR 3 and Emerson Avenue. Its strategic location near a high-traffic medical building and the Henry County YMCA ensures significant foot and vehicular traffic. The property is ideal for a variety of commercial uses, including office buildings, service businesses, or food and entertainment establishments. City utilities are readily available, simplifying development plans. This is a rare chance to acquire a well-positioned parcel in a thriving area. The asking price of $125,000 reflects a per-acre cost. While this listing focuses on a single acre, multiple lots are available. This property offers easy ingress and egress options, making it highly accessible and attractive to potential tenants and customers. Don't miss this chance to capitalize on this prime commercial real estate opportunity in Henry County.

    Property Features for 000 Wittenbraker Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Henry
    State
    Indiana
    Longitude
    -85.3818094
    Latitude
    39.9374771

    Nearby Comparable

    • $250,000
      1.20 Acres

      Prime Commercial Land, New Castle, IN

      1.2-acre lot, high visibility, C-1 zoning.
      0 Memorial Dr, New Castle, IN 47362
      View Details
    • New
      $124,900
      0.13 Acres

      New Castle Triplex For Sale

      Fully rented triplex in New Castle, Indiana, with income potential.
      504 N 12Th St, New Castle, IN 47362
      View Details
    • Contact for pricing

      Land Parcels Near I-70

      Three land parcels totaling 10.6 AC near I-70.
      5223 In-3, New Castle, IN
      View Details
    • Contact for pricing

      Land Parcels Near I-70

      Three land parcels totaling 10.6 AC near I-70.
      5223 In-3, New Castle, IN
      View Details
    • $119,900

      Versatile Home with Garage and Yard

      Convertible duplex with garage, fenced yard, and ample parking.
      1727 Plum St, New Castle, IN 47362
      View Details
    • $1,920,000
      760 SF

      Scooter’s Coffee NNN Asset

      760 SF Scooter’s Coffee absolute NNN asset for sale.
      1705 S Memorial Dr, New Castle, IN 47362
      View Details

    Nearby Similar for Sale

    • New
      $124,900
      0.13 Acres

      New Castle Triplex For Sale

      Fully rented triplex in New Castle, Indiana, with income potential.
      504 N 12Th St, New Castle, IN 47362
      View Details
    • $119,900

      Versatile Home with Garage and Yard

      Convertible duplex with garage, fenced yard, and ample parking.
      1727 Plum St, New Castle, IN 47362
      View Details
    • $1,920,000
      760 SF

      Scooter’s Coffee NNN Asset

      760 SF Scooter’s Coffee absolute NNN asset for sale.
      1705 S Memorial Dr, New Castle, IN 47362
      View Details
    • $249,900
      7,250 SF

      Versatile Industrial Property Near New Castle

      Industrial building with office/apartment space near New Castle, Indiana.
      5363 W State Road 38, New Castle, IN 47362
      View Details
    • $69,500
      0.19 Acres

      Mechanic Shop with Office Space

      Mechanic shop with office, car lot potential, warehousing, retail.
      2710 Broad St, New Castle, IN 47362
      View Details

    FAQs

    What type of property is this?
    Land - Prime Henry County location, high traffic.
    Where is this land located?
    The property is located at 000 Wittenbraker Ave New Castle, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    (765) 524-5585
    Request Owner's contact information
    000 Wittenbraker Ave New Castle, IN 47362
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Wittenbraker Ave
    New Castle, IN 47362
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Wittenbraker Ave New Castle, IN 47362
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.