Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Land For Sale Title is generated by Realmo AI

    15030 Us 30 Road, New Haven, IN 46774

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Excellent location for commercial or retail use.

    Type:Special Purpose
    Property size:
    771,012 SF
    Lot size:
    17.70 Acres
    Price / SF:
    $1.03/SF
    Added:
    Feb 6, 2021
    Days on Market:
    1947
    Last Refresh:
    May 19 at 9:17 pm

    Property Features for 15030 Us 30 Road

    General Information

    Standard status
    Active
    Size
    771,012 SF
    Lot size
    17.70 Acres
    Property subtype
    Special Purpose

    We can help!

    Listing Contact
    Dennis Worman

    Listing agent Dennis Worman License #IN

    Listing office CENTURY 21 Bradley Realty, Inc

    Listing date Feb 6, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Bradley Realty, Inc

    HighLights

    • Excellent location
    • Commercial use potential
    • Possible retail use

    Overview

    This commercial land offers an excellent location suitable for commercial use and potentially retail purposes. The property encompasses a total area of 771012 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Haven
    County
    Allen
    State
    Indiana
    Longitude
    -84.9712
    Latitude
    41.0925

    Nearby Similar for Sale

    • $255,000
      1,325 SF

      Mixed-Use Property with Commercial Potential

      Mixed-use property featuring residential and commercial spaces with versatile potential.
      207 W Lincoln Highway, New Haven, IN 46774
      View Details
    • $3,500,000

      Commercial Site Near I-469

      Commercial land near I-469 in New Haven, Indiana.
      2523 Minnich Road, New Haven, IN 46774
      View Details
    • $185,000

      Land for Sale in New Haven

      10-acre land parcel with wooded and open areas.
      9567 N River Road Road, New Haven, IN 46774
      View Details
    • $565,000

      Commercial Land with High Exposure

      High-exposure commercial land in a growing area with high traffic.
      12020 E US-30 Road, New Haven, IN 46774
      View Details
    • $157,050

      New Haven Agricultural Land Parcel

      4.5 acre building site near I-469 in New Haven.
      5230 Green Road, New Haven, IN 46774
      View Details
    • $3,000,000

      100-Acre Industrial Zoned Land

      100-acre industrial land in New Haven/Woodburn area.
      17831 US 24, New Haven, IN 46797
      View Details
    • $150,000
      1 SF

      1.5 Acres Zoned C-3 Land

      1.5 acres of land suitable for multi-family or commercial development.
      932 W Brookwood, New Haven, IN 46774
      View Details
    • $3,500,000
      2,106,126 SF

      Commercial Site Near I-469

      Commercial land available near I-469 in New Haven, Indiana.
      2523 Minnich Road, New Haven, IN 46774
      View Details
    • Contact for pricing

      New Haven Industrial Land Available

      Up to 260 acres available for sale or lease.
      14711 Dawkins Road, New Haven, IN 46774
      View Details
    • $2,200,000

      Webster Road Land Opportunity

      Land available on Webster Road, New Haven.
      2426 Webster Road, New Haven, IN, 46774
      View Details
    • $15
      79,422 SF

      Neighborhood Shopping Center Outlots Available

      Neighborhood shopping center with outlots, ideal for retailers.
      1302 Minnich Road, New Haven, IN 46774
      View Details
    • Contact for pricing

      Fenced Industrial Development Land

      Large fenced industrial acreage with direct access and on-site rail potential for future logistics and manufacturing needs.
      14711 Dawkins Road New, Haven, IN 46774
      View Details

    FAQs

    What type of property is this?
    Commercial land - Excellent location for commercial or retail use.
    Where is this commercial land located?
    The property is located at 15030 Us 30 Road New Haven, IN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Excellent location; Commercial use potential; Possible retail use
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dennis Worman
    Real Estate License ID: IN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15030 Us 30 Road, New Haven, IN 46774
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!