0000 Emerson Avenue, New Castle, IN 47362
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: susan nealOffice: 765-529-2211
Office: re/max first integrity
MLS#:202606599
Source:Indiana Regional MLS
Price summary
- Price:$265,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:202606599
- Added:140 day(s) ago
- Updated:July 21, 2026 at 03:02 PM
Structure and exterior
- Lot area:4 Acres
Schools
- High school:New Castle
- Middle school:New Castle
- Elementary school:Wilbur Wright
Utilities
- Water:Available, City
- Sewer:City
Finances and disclosures
- Price:$265,000
- Tax amount:$3,607
New listings near 0000 Emerson Avenue
$129,500Pending2 beds 2 baths945 sq. ft.560 N 12th Street, New Castle, IN 47362
MLS# 202628785Listed by: F.C. TUCKER/CROSSROADS REAL ESTATE- New
$89,900Active2 beds 1 baths1,120 sq. ft.2205 Plum Street, New Castle, IN 47362
MLS# 202628335Listed by: LEGACY REAL ESTATE PARTNERS INC - New
$129,900Active2 beds 1 baths936 sq. ft.1328 S 20th Street, New Castle, IN 47362
MLS# 202628237Listed by: REAL BROKER, LLC 
Listed by BHGRE$341,900Pending4 beds 2 baths2,170 sq. ft.9556 State Road 38, New Castle, IN 47362
MLS# 10053948Listed by: BETTER HOMES AND GARDENS FIRST REALTY GROUP
Listed by BHGRE$120,000Pending3 beds 1 baths1,064 sq. ft.9522 E State Road 38, New Castle, IN 47362
MLS# 10053949Listed by: BETTER HOMES AND GARDENS FIRST REALTY GROUP
$169,900Pending3 beds 2 baths1,575 sq. ft.2810 S 19th Street, New Castle, IN 47362
MLS# 202628067Listed by: RE/MAX FIRST INTEGRITY- New
$18,000Active0.49 Acres0 N 23rd Street, New Castle, IN 47362
MLS# 22113541Listed by: EPIQUE INC - New
$205,900Active2 beds 2 baths1,248 sq. ft.129 Wildwood Boulevard, New Castle, IN 47362
MLS# 202627707Listed by: F.C. TUCKER/CROSSROADS REAL ESTATE - New
$129,900Active2 beds 1 baths816 sq. ft.2214 S 19th Street, New Castle, IN 47362
MLS# 22102914Listed by: F.C. TUCKER/CROSSROADS - New
$169,900Active3 beds 2 baths1,316 sq. ft.106 N 7th Street, New Castle, IN 47362
MLS# 202627676Listed by: F.C. TUCKER/CROSSROADS REAL ESTATE
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.