Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1902 S Memorial Dr New Castle, IN 47362
    Back to Search
    Property profile & analytics

    1902 S Memorial Dr, New Castle, IN 47362

    View on Map

    • Retail space
    • 1,891 SF
    • 0.57 lot acres
    Retail Space on Memorial Drive For Lease
    Contact for pricing
    1,848 SF

    Retail Space on Memorial Drive

    Retail space with high visibility and traffic count.

    1902 S Memorial Dr, New Castle, IN
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1902 S Memorial Dr

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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 1, 2024 — Om New Castle Realty LLC Nahmco LLC-s Series 1902 Memorial Warranty Deed $628k · Community First Bank Of Indiana
    Aug 25, 2023 — Nahmco LLC Becker Properties LLC Warranty Deed —
    Feb 21, 2020 — Becker Properties LLC Joco Investments LLC Warranty Deed $320k · State Bank Financial
    Jul 28, 2016 — Joco Investments LLC — Deed · related $862k · Mainsource Bank
    Jun 22, 2009 — Joco Investments LLC Jeffrey A Smiley Deed —
    Mar 19, 2007 — New Castle Sb LLC Ronald W Bowers Quit Claim Deed · related —
    Mar 23, 2006 — Ronald W Bowers Integrity Development Partners Of N Limited Warranty Deed —
    Nov 17, 2005 — Integrity Development Partners Of N Speedway Superamerica LLC Limited Warranty Deed —

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    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
    View Listing
    More about this property
    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