Property summary
This exceptional 10,000-square-foot retail space is situated in a thriving Henry County, Indiana shopping center at 1709 S Memorial Dr, New Castle, IN 47362. Built in 1975, this single-tenant property boasts a prime location with a 50-foot storefront and 200-foot depth, offering significant flexibility for various retail or restaurant concepts. The space features a wide-open front area, multiple offices, an IT room, an electrical room, and separate men's and women's restrooms, including… ADA-compliant stalls. Ample customer parking is available, with additional space behind the building ideal for deliveries. The owner is open to expanding the rear area for additional parking if needed. Benefit from prominent signage opportunities on both the storefront and Memorial Drive, a major thoroughfare with nearly 23,000 cars passing daily. This property is part of a successful shopping center anchored by well-known tenants such as Harbor Freight Tools, Goodwill, Buffalo Wild Wings, and Family Dollar, ensuring high visibility and foot traffic. The surrounding area boasts a population of almost 18,000, with an average household income of $46,925, presenting a strong consumer base. The total building size is 75,576 square feet, with this 10,000 square foot space currently available. This presents a unique opportunity to establish a successful business in a high-demand location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight