This ±37.44-acre surplus land in New Castle, Indiana, offers significant potential for development in a growing regional market. Strategically located just north of Interstate 70 along State Highway 3, the site provides strong connectivity for regional and local traffic and features immediate accessibility to one of the Midwest’s key east-west corridors. This position makes the property highly adaptable for various commercial or industrial uses.
The property comprises three parcels: approximately 15.06 acres fronting Highway 3, 2.38 acres at the southeast corner of CR 500 & CR 125, and a 20-acre tract along CR 125. The zoning mix of HB2 and GB supports an array of development opportunities. With visibility along a primary north-south thoroughfare and traffic counts exceeding 36,000 vehicles per day along I-70, the site is ideally situated for businesses seeking exposure and access to major transportation routes.
Future demographic growth within a 15-mile radius and a daytime population exceeding 50,000 underline the site’s long-term viability. Retailers, service industries, and logistics operators will find substantial operational and investment appeal at this strategic location.