3167 In-3 New Castle, IN 47362
- Land
- 0.86 lot acres
Current Use by Public Records
- Land
Property Details for 3167 In-3
- Lot size
- 0.86 lot acres
- Property type
- Land
Description
This exceptional 0.86-acre commercial land parcel presents a unique investment opportunity in New Castle, Indiana. Situated directly in front of the only Walmart Supercenter in Henry County, this outparcel benefits from the high volume of traffic generated by this major retailer. The property boasts prime frontage on SR 3/S. Memorial Drive, a heavily trafficked thoroughfare, and features a signalized entry for convenient access. Its location in the county seat ensures high visibility and accessibility. The surrounding area is vibrant with a mix of retail, restaurant, and educational establishments, including well-known national chains such as GameStop, Sally Beauty, White Castle, and Steak & Shake, as well as Ivy Tech Community College. This strategic location offers significant potential for a variety of commercial uses, capitalizing on the substantial foot and vehicle traffic generated by the adjacent Walmart and neighboring businesses. The property's size and visibility make it an ideal site for a variety of commercial developments. The address is 3167 IN-3, New Castle, IN 47362, within Henry County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- Henry
- State
- Indiana
- Longitude
- -85.3889
- Latitude
- 39.8869