I-70 Industrial Redevelopment Opportunity
General Business (GB) Zoning
Marketing description
For registration requirements and regulations, please review here or contact Audrey Hanna |518-625-8581| [email protected].
Introducing a prime industrial opportunity at INTERSTATE 70 INDUSTRIAL BUILDING located at 5255 South State Road 3 in New Castle, Indiana. Spanning approximately 25,000 SF across 5.78 acres, this former state-of-the-art gun range offers a unique redevelopment potential directly off I-70. This property presents a rare chance for investors or owner/users to capitalize on its strategic location and expansive land size. The industrial building and surrounding acreage provide ample space for various business ventures or redevelopment projects. Located in a high-traffic area, this site promises visibility and accessibility for commercial activities. Unlock the possibilities with this exclusive listing offered by Marcus & Millichap. Explore the potential of INTERSTATE 70 INDUSTRIAL BUILDING as you venture into the thriving market of New Castle, Indiana. Contact us to schedule a viewing and discover the endless opportunities this property holds!
- Non-Contingent
- Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
- Close of Escrow: 12/30/2025
5255 IN-3, New Castle, IN 47362
Investment highlights
- High Visibility Along East and Westbound I-70 Routes, Located Immediately off of Exit 123 Along I-70 which Experiences Approximately 40,000 Vehicles- Per-Day
- Redevelopment Opportunity, General Business District Zoning Permits Various Commercial and Industrial Uses
- Approximately 41,000 People within a 10-Mile Radius with an AHHI of $63,000
- Located 2 Miles South from the New Castle-Henry County Industrial Park, a +/-1M SF Industrial Park that has Brought +/-$200M of Total Investments and +/-1,000 Jobs into the Community
- Situated on 5.7 Acres, Allowing for a Larger Future Redevelopment Opportunity or Building Expansion for any Potential Tenant
- Ideal Redevelopment Zoning District, The Property is Located in General Business (GB) District which Allows for Various Uses
Listing Contacts
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Zoning
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