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Property profile & analytics

1902 Memorial Dr New Castle, IN 47362-1274

  • Retail space
  • 1,891 SF
  • 0.57 lot acres
OFF-MARKET
Value Estimation
$365,000
Last Sale
Nov 01, 2024
Location Intelligence
Property ID
US31-2209376
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1902 Memorial Dr

Year built
2006
Construction
WOOD
Lot size
0.57 lot acres
Property size
1,891 SF
Property type
Retail space
APN
33-12-22-130-101.000-016
APU
331222130101000016

Description

This exceptional retail property, located at 1902 S. Memorial Dr in New Castle, Indiana, offers a total of 1,800 square feet of commercial space currently available for lease. The entire building is vacant, presenting a unique opportunity for a single tenant or multiple tenants to establish their business in a prime location within Henry County. The property is categorized as a retail space with a ground lease arrangement, providing flexibility for potential occupants. A key feature is the inclusion of a patio area, ideal for outdoor seating, enhancing the appeal and functionality of the space. The property's address is 1902 S. Memorial Dr, New Castle, IN 47362. The building's size is perfectly suited for a variety of retail businesses, offering ample space for operations and customer interaction. The property's location within Henry County provides access to a substantial customer base and offers excellent visibility for any business. This is a rare opportunity to secure a fully vacant, versatile retail space with outdoor seating in a desirable location. Interested parties should inquire promptly to explore the possibilities.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New Castle
County
Henry
State
Indiana
Longitude
-85.3843
Latitude
39.9137
CBSA code
35220
CBSA name
NEW CASTLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,699
$155,900
$167,400
$323,300
-
$155,900
$167,400
$323,300
More about this property
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