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    New Castle, IN Land for Sale

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    26 properties
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    Commercial Land with Rail Access
    Updated: May 11
    Commercial Land with Rail Access

    N State Road 3, New Castle, IN 47362

    $899,900
    44.35 AC lot
    44.35‑acre commercial land parcel
    Frontage along State Road 3
    Rail access available
    High‑pressure gas lines on or near the property
    Nearby substation
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    Commercial Land with Rail Access
    Updated: May 11
    Commercial Land with Rail Access

    N State Road 3, New Castle, IN 47362

    $899,900
    44.35 AC lot
    44.35‑acre commercial land parcel
    Frontage along State Road 3
    Rail access included
    High‑pressure gas lines in the area
    Nearby substation provides power infrastructure
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    Agricultural Land with Barn
    Agricultural Land with Barn

    E State Road 38, New Castle, IN 47362

    $449,900
    40.32 AC lot

    Crop-planted agricultural land includes an existing barn and access from two roads.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Development Lots in New Castle
    Commercial Development Lots in New Castle

    000 Wittenbraker Avenue, New Castle, IN 47362

    $125,000
    1.00 AC lot

    Commercial development lots with high visibility in established commercial corridor.

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    Wooded Residential Land Tract
    Wooded Residential Land Tract

    N Main Street, New Castle, IN 47362

    Contact for pricing
    0.56 AC lot

    Heavily wooded residential lot with street frontage and access to city utilities for future home building.

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    Land Tract with Pond
    Land Tract with Pond

    S St Rd 103, New Castle, IN 47362

    $529,900
    31.03 AC lot

    A 31-acre tract near New Castle with tillable acreage and an on-site pond.

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    LOTS AND LAND, New Castle, IN
    LOTS AND LAND, New Castle, IN

    2714 High Street, New Castle, IN 47362

    $65,000
    0.21 AC lot

    Land · 0.21 Acres

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    Prime Commercial Development Opportunity
    Prime Commercial Development Opportunity

    0001 Emerson Ave, New Castle, IN 47362

    $263,000
    4.00 AC lot

    4-acre corner parcel in growing mixed-use corridor.

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    Land, New Castle, IN
    Land, New Castle, IN

    Spiceland S Pike, New Castle, IN 47362

    $49,500
    13.24 AC lot

    Residential land & home lots · 13.24 Acres

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    Corner Commercial Land
    Corner Commercial Land

    400 S 14th Street, New Castle, IN 47362

    $129,900
    0.23 AC lot

    Proposed commercial parcel with off-street parking and build-to-suit construction available.

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    Land
    Land

    1185 N Mill St, New Castle, IN 47362

    $164,900
    467,399 sqft

    Agricultural land / Farmland · 467,399 SF

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    Industrial Land with Barn
    Industrial Land with Barn

    2912 OUTER DR, New Castle, IN 47362

    Contact for pricing
    1,119 sqft

    A sizeable tract with industrial zoning, an existing barn structure, and prior three-phase electrical service.

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    Downtown Commercial Corner Lot
    Downtown Commercial Corner Lot

    400 S 14th Street, New Castle, IN 47362

    $129,900

    Proposed parcel offers build-to-suit flexibility for retail or service use.

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    Single Lot for Custom Home
    Single Lot for Custom Home

    28 Sandy Gale Drive, New Castle, IN 47362

    Contact for pricing
    0.50 AC lot

    Approximate half-acre building lot with planned water and sewer lines extending south on SR 3.

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    C-2 Commercial Land
    C-2 Commercial Land

    1553 Broad Street, New Castle, IN 47362

    Contact for pricing

    Commercial land with sidewalk frontage and potential for product display, vehicle sales, food trucks, or parking.

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    Land
    Land

    4200 S Memorial Drive, New Castle, IN 47362

    $631,500

    Land

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    Wooded Recreational Land
    Wooded Recreational Land

    3 *** W County Road 300 N, New Castle, IN 47362

    $69,900

    Heavily wooded parcel with highway access suited to camping, wildlife observation, and outdoor recreation.

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    Agricultural Land with Wooded Area
    Agricultural Land with Wooded Area

    000 State Road 38, New Castle, IN 47362

    $368,000

    A-1 zoned acreage planted in alfalfa with available electricity through Henry County REMC.

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    Land
    Land

    Lot 28 Sandy Gale Avenue, New Castle, IN 47362

    Contact for pricing

    Residential land & home lots

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    Land
    Land

    Lot 30 Sandy Gale Avenue, New Castle, IN 47362

    Contact for pricing

    Residential land & home lots

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    Land For Sale
    Land For Sale

    00 N Main Street, New Castle, IN 47362

    Contact for pricing

    Land available for sale in New Castle, Indiana.

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    Land
    Land

    29 Sandy Gale Drive, New Castle, IN 47362

    Contact for pricing

    Residential land & home lots

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    Spiceland/New Castle Commercial Opportunity
    Spiceland/New Castle Commercial Opportunity

    S County Rd 125 W, New Castle, IN 47385

    Contact for pricing

    Strategically located property with General Business and Highway Business zoning.

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    Land Parcels Near I-70
    Land Parcels Near I-70

    5223 IN-3, New Castle, IN

    Contact for pricing
    6.67 AC lot

    Three land parcels totaling 10.6 AC near I-70.

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    New Castle, IN Land Market Trends and Statistics

    Explore 72 land for sale in New Castle, IN, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 9,104,680 square feet of properties for sale, with an estimated market value of $4,776,200.

    Sale prices for lots in New Castle, IN start at $49,500, averaging $341,157, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 11
    Residential land & home lots 6
    Agricultural land / Farmland 4
    Industrial land 3
    Recreation land 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -1.9%
    Median Household Income $56,564
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

    Identify New Castle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47362 $242.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Property Tax per SF $49.50 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

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    • 47362
    • 47385

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