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Warehouse with Loading Docks
New
For Lease
$150,000

3040 S Commerce Dr, New Castle, IN 47362

Warehouse configuration includes dedicated office space, a conference room, and existing shelving and racking.

Space SizeContact for details
Days on Market2

Property Features for 3040 S Commerce Dr

General Information

Standard status Active

Building Details

Year Built 1987
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Source: Callcriswell
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 4:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker/Crossroads Real Estate

Investment Insights

Based on property information with market context.

Built in 1987, this warehouse offers approximately 30,000+/- square feet with shelving and racking in place. The building has 16-foot ceilings, approximately 20-foot column spacing, multiple loading docks, dedicated office space, and a large conference room.

At 3040 S Commerce Dr in New Castle, the property is situated in an industrial park. Its existing warehouse setup also supports distribution, storage, inventory operations, or light manufacturing potential.

Key Highlights

  • Approximately 30,000+/- square feet
  • 16‑foot ceilings and approximately 20‑foot column spacing
  • Multiple loading docks

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47362, IN

30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Castle, IN

$8.26 /SF/Yr
Avg Asking Price
$3.08–$13 /SF/Yr
Price Range
19,156 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Storage Crib - West — 3509 IN-3, New Castle, IN 47362
  • Main Street Storage — 3125 S County Road 50 E, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse configuration includes dedicated office space, a conference room, and existing shelving and racking.
Where is this warehouse located?
The property is located at 3040 S Commerce Dr New Castle, IN.
What is the lease rate?
The lease rate is $150,000.
What are key features of this property?
This property features: Approximately 30,000+/- square feet; 16‑foot ceilings and approximately 20‑foot column spacing; Multiple loading docks
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