0 Memorial DrNew Castle, IN 47362

Property Details for 0 Memorial Dr

Lot size

1.20 AC

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 1.2-acre commercial land parcel presents a remarkable development opportunity in New Castle, Indiana. Situated on N Memorial Drive, this property boasts prime frontage on SR 3, ensuring high visibility and significant traffic exposure for any business. The C-1 zoning allows for a wide range of commercial uses, making it ideal for restaurants, retail establishments, or other commercial ventures. Its strategic location offers significant advantages, with proximity to a newly constructed medical facility and a YMCA, further enhancing its appeal and potential for attracting customers and employees. City utilities are readily available, simplifying the development process. The asking price is $250,000, translating to approximately $208,333.33 per acre, reflecting the exceptional value and potential of this highly desirable location in Henry County. This is a rare chance to acquire a well-positioned commercial lot with excellent visibility and access in a growing area.

Location Insight

City

New Castle

County

Henry

State

Indiana

Latitude

39.9368

Longitude

-85.3817

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