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    County Road 125 New Castle, IN 47385

    • Land
    • 164.00 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 County Road 125

    Lot size
    164.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This expansive 164-acre parcel presents a unique investment opportunity in Henry County, Indiana. Located near the intersection of S County Rd 125 W and Highway 70, in the Spiceland/New Castle area, this property is zoned GB (General Business), offering exceptional versatility for a wide range of commercial and industrial uses. The generous lot size allows for substantial development potential, catering to various business needs, from retail establishments and professional offices to light industrial operations. Its strategic location ensures high visibility and easy accessibility, maximizing exposure and attracting a broad customer base. The GB zoning designation provides flexibility for future expansion and adaptation to evolving market demands, making this a sound investment for long-term growth. This property is ideally suited for entrepreneurs and investors seeking a prime location to establish or expand their business ventures in a thriving commercial area. The combination of ample space, flexible zoning, and strategic location makes this an exceptional opportunity to capitalize on the dynamic commercial landscape of Henry County. The property's address is 5771 S County Rd 125 W, New Castle, IN 47385. This is a rare chance to acquire a significant land holding with substantial development potential in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Henry
    State
    Indiana
    Longitude
    -85.4151
    Latitude
    39.8515

    Comparable in this City

    • Value Estimation by Request
      4,160 SF

      1452 Us Hwy 40

      INDUSTRIAL (GENERAL) • 4,160 SF
      1452 Us Hwy 40, Spiceland, IN 47385-9718
      View Details
    • Value Estimation by Request
      840 SF

      1959 Us Hwy 40

      INDUSTRIAL (GENERAL) • 840 SF
      1959 Us Hwy 40, Spiceland, IN 47385
      View Details
    • Value Estimation by Request
      2,640 SF

      144 St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,640 SF
      144 St, Spiceland, IN 47385-9713
      View Details
    • Value Estimation
      $510,000
      17,260 SF

      609 Pearl St

      MANUFACTURING (LIGHT) • 17,260 SF
      609 Pearl St, Spiceland, IN 47385
      View Details
    • Value Estimation by Request
      720 SF

      Broad St

      STORAGE YARD, OPEN STORAGE • 720 SF
      Broad St, Spiceland, IN 47385
      View Details
    • Value Estimation by Request
      2,848 SF

      171 St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,848 SF
      171 St, Spiceland, IN 47385-9777
      View Details
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    County Road 125
    New Castle, IN 47385
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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