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Property profile & analytics
OFF-MARKET
Specialty properties

2006 Memorial Dr New Castle, IN 47362

Built 1983
Property ID
Property summary
AI-generated overview

This exceptional 3,000 square foot commercial space, located on State Road 3 in New Castle, Indiana, presents a remarkable leasing opportunity. Built in 1983, this single-tenant property boasts a versatile layout suitable for a variety of office uses, from traditional to creative or executive settings. The building is a single-story structure offering a large, open floor plan, ideal for customization to meet specific business needs. Its prime location on State Road 3 ensures high visibility and accessibility, benefiting from the area's highest traffic volume. Ample parking is available for employees and clients. The monthly lease rate is $2,000. This property is perfect for businesses seeking a prominent location with excellent visibility and convenient access. The spacious interior provides flexibility for various office configurations, making it an attractive option for companies of all sizes. Don't miss this chance to secure a highly desirable commercial space in a thriving location. Contact the listing agent for a private showing.

Property profile
Verified
Property type Specialty properties
Year built 1983
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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