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Great development potential with this mixed use parcel located on a major traffic thoroughfare. With easy access and high visibility, one option is to build thirty-two residential/shop units. This becomes even more lucrative when considering The Town of New Castle is working on approving a fifty unit senior housing project on the adjacent parcel. As an added bonus, a small portion of the parcel is up for consideration as a cell tower location bringing in a monthly income or substantial buyout. The three counties that New Castle serves as a bedroom community for have an estimated projected population increase of 38% in the next fifteen years - get in on this money maker now!
New Castle Exit head North on Castle Valley Blvd through 4 way stop sign. Go uphill and just past fire station, on same side of street, look for signs. Parcel is adjacent to fire station.
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