Commercial Land with Rail
For Sale
$899,900
N State Road 3, New Castle, IN 47362
COMMERCIAL, New Castle, IN
Property SizeContact for details
Lot Size44.35 Acres
Days on Market160
Property Features for N State Road 3
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Rural
Directions
From SR 3/38, north on SR 3 about 5 miles, past railroad tracks.
Subdivision
Henry County
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
1428
Legal Description
PT W1/2 NW1/4 27-18-10 49.634A
Building Details
Year built
1900
Listing Agency:
F.C. Tucker/Crossroads Real Estate
(765) 521-9464
Listed By:
Mike McKown
(765) 524-3018
Added: May 11
Changed: Oct 8
Last Checked: Oct 17 at 4:06AM
MLS# 202617663
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.
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Investment Insights
Based on property information with market context.
This 44.35-acre commercial land offering fronts State Road 3 and includes rail access. The property was previously part of a farming operation and is surrounded by other commercial enterprises, providing an established commercial setting.
High-pressure gas lines are available in the area, and a nearby substation provides access to power infrastructure. The combination of road frontage, rail access, and utility-related improvements supports consideration for commercial or industrial use.
High-pressure gas lines are available in the area, and a nearby substation provides access to power infrastructure. The combination of road frontage, rail access, and utility-related improvements supports consideration for commercial or industrial use.
Key Highlights
- 44.35‑acre commercial land parcel
- Frontage along State Road 3
- Rail access included
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial parcel with State Road 3 frontage, rail access, and nearby power infrastructure.
Where is this commercial 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: 44.35‑acre commercial land parcel; Frontage along State Road 3; Rail access included
