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Commercial Development Land with Rail Access

N State Road 3 New Castle, IN 47362

N State Road 3, New Castle, IN, 47362
$899,900
For Sale
Claim this Listing
$899,900

LAND - New Castle, IN

Lot Size44.35 Acres
AddedMay 11
Days on Market66
Last RefreshJul 15 at 4:06 am

Property Features for N State Road 3

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
33-07-27-000-111.001-021
Lot size
44.35 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
PT W1/2 NW1/4 27-18-10 49.634A
Tax Annual Amount
1438

Listing agent Mike McKown

Listing office F.C. Tucker/Crossroads Real Estate MAIN OFFICE 1122 Broad Street, IN

Listing date May 11, 2026

MLS# 202617664

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.

This 44.35-acre commercial/industrial land parcel is offered for sale in Henry County, near New Castle. The property has substantial frontage along State Road 3 and convenient rail access, with the site previously part of a larger farming operation. It is surrounded by other commercial enterprises, providing an established setting for future development.

Utilities and infrastructure include high-pressure gas lines, along with a nearby substation to support power needs for commercial or industrial operations. With access to both roadway frontage and rail service, the site is positioned for a range of commercial development concepts that benefit from practical logistics and utility availability.

Key Highlights

  • 44+/- acre parcel with frontage along State Road 3
  • Rail access available
  • High‑pressure gas lines on‑site

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Industrial land - Large parcel with frontage along State Road 3 and convenient rail access, with gas lines and nearby substation power.
Where is this industrial land located?
The property is located at N State Road 3 New Castle, IN.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 44+/- acre parcel with frontage along State Road 3; Rail access available; High‑pressure gas lines on‑site
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