Active

0000 Emerson Avenue

Commercial Land
$265,000 Listed 7 months ago
4.00 Acres
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Property 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.

Directions

From 3/38: Head N on SR 3to Wittenbraker Ave, turn E on Wittenbraker to Emerson. Turn S on Emerson to property on E side.

Property
MLS # 202606599
Date Listed 2026-02-28
Status Active
Property Type Lots and Land
Property SubType Commercial Land
Type Commercial Land
Annual Taxes $3,607.00
Year Taxes Payable 2025
Virtual Tour propertypanorama.com »
Days on Market 218
Homestead Year No
External Features
Construction Commercial Land
Lot Size 174,240 sq ft
Acreage 4.00 Acres
Lot Dimensions 500
Fence None
Location
Area Henry County
County Henry
Subdivision None
Township Henry
City New Castle
State IN
Zip 47362
Schools
School District New Castle Community School Corp.
Elementary Wilbur Wright
Middle School New Castle
High School New Castle
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202606599
Listing Provided Courtesy of Susan Neal
RE/MAX First Integrity
Office: 765-529-2211

Listing updated August 27, 2026 at 4:03 pm
Last checked 9 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.