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5080 S County Road 125 W 37.44 Acres of Commercial Land Offered at $2,398,445 CAD in New Castle, IN 47362
Investment Highlights
- Significant frontage along State Highway 3 and CR 125 W for excellent visibility.
- Three distinct parcels with flexible development potential.
- Regional trade area includes national retailers such as Walmart and Best One Tire nearby.
- Immediate access to Interstate 70, facilitating quick links to Indianapolis and Dayton.
- Zoning allows a variety of commercial and general business applications.
- Strong traffic counts, including 12,380 VPD on State Road 3 and 36,290 VPD on I-70.
Executive Summary
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.
Property Facts
| Price | $2,398,445 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 37.44 AC |
| Property Type | Land | ||
| Zoning | HB - Highway Business | ||
| Price | $2,398,445 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 37.44 AC |
| Zoning | HB - Highway Business |
1 Lot Available
Lot
| Price | $2,398,445 CAD | Lot Size | 37.44 AC |
| Price Per AC | $64,061.03 CAD |
| Price | $2,398,445 CAD |
| Price Per AC | $64,061.03 CAD |
| Lot Size | 37.44 AC |
Located at State Highway 3 and S County Road 125 W in New Castle Indiana, just north of Interstate 70.
Description
The subject property consists of approximately 37.44 acres located at 5080 S County Road 125 W in New Castle, Indiana. It is situated north of Interstate 70 and has frontage along State Highway 3. The property is divided into three tracts and is zoned to accommodate multiple commercial uses. Access is available from adjacent county roads, and public utilities serve the site. Surrounding development consists of regional retail operations, automotive suppliers, and industrial facilities. The site connects to major transportation corridors, including Interstate 70, which provides direct access to Indianapolis approximately 45 minutes to the west and Dayton approximately 1 hour 15 minutes to the east.
Property Taxes
| Parcel Numbers | Improvements Assessment | $567,815 CAD | |
| Land Assessment | $511,486 CAD | Total Assessment | $1,079,300 CAD |
Property Taxes
Presented by
5080 S County Road 125 W
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