18.55± acre retail development opportunity
New Palestine, Indiana
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
