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Warehouse with Loading Docks
New
For Sale
$999,900

3040 S Commerce Drive, New Castle, IN 47362

COMMERCIAL, New Castle, IN

Property Size30,000 SF
Lot Size2.14 Acres
Price / SF$33.33
Days on Market3

Property Features for 3040 S Commerce Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Lot features Commercial, Industrial Park
Directions GPS Friendly
Subdivision Henry County
Standard status Active
APN 33-12-34-100-127.000-015
Lot size 2.14 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description PT NW1/4 34-17-10 2.135A
Tax Annual Amount 12200
Legal Description PT NW1/4 34-17-10 2.135A

Utilities

Cooling system Central Air

Amenities

conference room

Building Details

Year built 1987
Flooring type Unfinished, Carpet
Roof type Metal
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 25 at 7:06AM
MLS# 202639509

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1987, this warehouse property at 3040 S Commerce Drive contains approximately 30,000+/- square feet on 2.135 acres. The interior is arranged with shelving and racking for warehouse, distribution, storage, and inventory functions, with potential for light manufacturing. The building includes 16-foot ceilings, approximately 20-foot column spacing, multiple loading docks, dedicated office space, and a large conference room.

Additional features include a metal roof, central air, carpet and unfinished flooring, and off-street parking. The property is located within an industrial park in New Castle, Indiana, providing a functional setting for commercial operations.

Key Highlights

  • Approximately 30,000+/- square feet on 2.135 acres
  • 16‑foot ceilings with approximately 20‑foot column spacing
  • Multiple loading docks for warehouse and distribution functions

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.

Location Intelligence

Trade Area within ½ mile

106
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

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
  • Storage Crib — 3501 S Memorial Dr, New Castle, IN 47362

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse with organized storage systems, office space, and a conference room for distribution or inventory operations.
Where is this warehouse located?
The property is located at 3040 S Commerce Drive New Castle, IN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Approximately 30,000+/- square feet on 2.135 acres; 16‑foot ceilings with approximately 20‑foot column spacing; Multiple loading docks for warehouse and distribution functions
More about this property
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