18.55± acre retail development opportunity

New Palestine, Indiana

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Property Details

Highlights

18.55± acre development site, divisible

Ideal site for grocery or pharmacy uses or strip center

Contiguous to 111 home Fields at Sugar Creek housing development by DR Horton currently under construction

Located at signalized US 52 and CR S 800 W intersection
Zoned Commercial Neighborhood (CN) which allows for a variety of commercial and retail uses

Average traffic count of 12,480 vehicles per day 2023

Hancock County’ population was the 5th fastest growing in Indiana between 2010 and 2020 (2020 Census)

Demographics

1 Mile
3 Mile
5 Mile
2023 Population
1,940
14,283
46,564
2028 Population Projection
2,017
15,019
48,169
Median Age
46.8
42.7
38.9
2023 Households
671
4,494
14,990
2028 Household Projection
689
5,249
17,072
Average Household Size
2.8
2.7
2.7
Median Home Value
$242,543
$228,310
$193,895
Median Year Built
1990
1992
1992
Average Household Income
$124,0063
$114,316
$101,749
Median Household Income
$109,333
$99,405
$86,033

Downloads

US 52 & County Line Rd Brochure

Team

Stan Burton

Vice President
Avison Young - US - IN - Indianapolis
+1 317 210 8814

Chris Helft

Senior Associate
Avison Young - US - IN - Indianapolis
+1 317 210 8805
+1 317 213 3246

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