0001 Emerson Avenue IN 47362 (House For Sale) | MLS 22088309
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Additional Details
Property Details
Lot Dimensions:
172933
Road Frontage:
City Street
Road Access:
Not Applic
Road Surface:
Asphalt
Lot Features:
Corner Lot, Irregular Lot, See Remarks
Zoning:
C1
Directions:
GPS Friendly
Tax and Financial Info
Semi-Annual Property Tax:
$1, 804
Tax Year:
2025
Quick View
Address:
0001 Emerson Avenue IN 47362
Status:
Active
On Site:
115 Days On Site
Price:
$263, 000
Lot Size:
3.97
County:
Henry
Township:
Henry
MLS #:
22088309
Property Type:
Unimproved Land
Community Information
Area:
3307 Henry Henry
Subdivision:
No Subdivision
Zip Code:
47362
Description
Commercial Development Opportunity - Northfield Complex | Emerson Ave | New Castle, Indiana Positioned within one of New Castle's most active and established mixed-use corridors, this 4-acre corner parcel offers a premier development opportunity inside the Northfield Complex on Emerson Avenue. Surrounded by complementary commercial, medical, and residential growth, the site is ideally suited for a wide range of commercial or multi-family development concepts. The property features approximately 400 feet by 460 feet of frontage on a highly visible corner location, providing excellent access, layout flexibility, and strong development presence. The level topography allows for efficient site planning and reduced preparation costs, while all utilities are readily available at or near the site, supporting immediate development potential. Located just off State Road 3 with convenient connectivity to State Road 38, State Road 36, Interstate 70, and downtown New Castle, the property benefits from regional accessibility while remaining anchored within a growing local hub. The surrounding Northfield Complex includes a hospital campus, YMCA, medical offices, and professional service users, creating consistent traffic flow and built-in demand drivers. A newly developed upscale residential subdivision featuring over 80 homes further strengthens the area's growth trajectory and supports future commercial and service expansion. Currently zoned C-2, the parcel allows for a variety of permitted uses including multi-family residential, retail, medical office, restaurant, and service-oriented development. Additional adjoining land may be available, presenting a scalable opportunity for larger projects or phased expansion. This offering represents a rare opportunity to secure a strategically located, development-ready site within an established and expanding commercial site in Henry County.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22088309
Listing provided courtesy of Susan Falck-Neal 765-529-2211 with RE/MAX First Integrity
Commercial Development Opportunity - Northfield Complex | Emerson Ave | New Castle, Indiana Positioned within one of New Castle's most active and established mixed-use corridors, this 4-acre corner parcel offers a premier development opportunity inside the Northfield Complex on Emerson Avenue. Surrounded by complementary commercial, medi...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22088309
Listing provided courtesy of Susan Falck-Neal 765-529-2211 with RE/MAX First Integrity
New Castle offers a serene environment characterized by a calm atmosphere with generally low noise levels from traffic. The community features a broad selection of housing types, including many single detached homes and duplexes, suited to various preferences and needs. Educational options are accessible, with several public and private elementary schools available nearby. Pharmacy locations provide convenient access to essential goods, and there are several dining options within easy reach. Although car use is common for errands, parking is straightforward, making errands and outings simple. This neighborhood combines quiet residential charm with essential amenities close at hand.
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