Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Neighborhood Shopping Center Retail Space Title is generated by Realmo AI

    1302 Minnich Rd, New Haven, IN 46774

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in a well-known neighborhood shopping center.

    Type:Retail
    Added:
    Nov 15, 2018
    Days on Market:
    2745
    Last Refresh:
    May 19 at 10:21 pm

    Property Features for 1302 Minnich Rd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 1302 Minnich Rd Contact us

    We can help!

    Listing Contact
    Diana Parent

    Listing agent Diana Parent License #IN RB14025581

    Listing office SVN | Parke Group Fort Wayne

    Listing date Nov 15, 2018

    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 SVN | Parke Group Fort Wayne

    HighLights

    • Located at the Us30 Exit of I‑469
    • Very easy access to highways
    • Well known neighborhood shopping center
    • Easy access to community
    • 3 outlots available for sale

    Overview

    This retail space is located in a well-known neighborhood shopping center with easy access to highways and the community via the US30 exit of I-469.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    Allen
    State
    Indiana
    Longitude
    -85.002448
    Latitude
    41.064703

    Nearby Similar for Lease

    • $12 SF/Yr
      7,700 SF

      Retail Suites For Lease

      Retail suites available in Kroger and Planet Fitness anchored center.
      645 Lincoln Highway, New Haven, IN 46774
      View Details
    • $4 SF/Yr
      291,328 SF

      Industrial Property with Truck Scale

      Industrial property featuring truck scale, potential rail access, and proximity tohighways.
      15012 Edgerton Road, New Haven, IN 46774
      View Details
    • $5 SF/Yr
      13,393 SF

      Clean, Maintained Warehouse with Offices

      Well-maintained warehouse with air-conditioned office space and ample parking.
      1221 Hartzell St, New Haven, IN
      View Details
    • $2 SF/Yr
      550,000 SF

      Spacious Industrial Warehouse in New Haven

      550000 sqft warehouse with rail access and truck scale.
      15202 Edgerton Road, New Haven, IN 46774
      View Details
    • Contact for pricing
      200,000 SF

      New Haven Industrial Space Available

      Up to 200,000 SF available Q1 2024 in New Haven.
      15501 Dawkins Road, New Haven, IN 46774
      View Details
    • Contact for pricing
      2,612 SF

      Retail Space in New Haven

      Retail property available for lease in New Haven, Indiana.
      1322 State Road 930 E, New Haven, IN
      View Details
    • Contact for pricing

      Industrial Property in New Haven

      Industrial property for rent in New Haven, Indiana.
      15202 Edgerton Rd, New Haven, IN 46774
      View Details
    • $8 SF/Yr
      2,400 SF

      New Haven Retail Showroom Space

      Retail showroom space available for lease in New Haven.
      902-918 Lincoln Hwy W, New Haven, IN
      View Details
    • Contact for pricing
      200,000 SF

      Industrial Space Available Q1 2024

      Up to 200,000 SF available in Q1 2024.
      15501 Dawkins Rd, New Haven, IN 46774
      View Details
    • $4 SF/Yr
      39,875 SF

      Renovated Industrial Building For Lease

      Multi-section industrial building near SR-930 & I-469 in New Haven.
      201 Main St, New Haven, IN
      View Details
    • Contact for pricing

      Retail Space in New Haven

      Retail space in a high-traffic commercial area near Fort Wayne.
      910 Lincoln Hwy W, New Haven, IN 46774
      View Details
    • Contact for pricing

      Retail Space in New Haven

      Retail space in a high-traffic commercial area near Fort Wayne.
      918 Lincoln Hwy W, New Haven, IN 46774
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in a well-known neighborhood shopping center.
    Where is this shopping center located?
    The property is located at 1302 Minnich Rd New Haven, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Located at the Us30 Exit of I‑469; Very easy access to highways; Well known neighborhood shopping center
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Diana Parent
    Real Estate License ID: IN RB14025581
    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
    1302 Minnich Rd, 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!