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    620 Lincoln Hwy New Haven, IN 46774

    Sponsored
    For Sale
    $1,100,000

    10,440 SF Flex/Warehouse, 3 Units

    Property size:
    10,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,440-square-foot industrial property in New Haven, Indiana, presents a compelling investment opportunity. The property, situated on a 5.1-acre lot, comprises a single, one-story building offering three separate units, each providing flexibility for various industrial uses. Built in 1973, the building features a 10'9" ceiling height and is currently vacant. The expansive lot includes both asphalt and gravel surfaces, ideal for outdoor storage or future development. Zoned I-2 (General Industrial), this property allows for a wide range of industrial applications. Its strategic location on Lincoln Highway West, near the intersection of US 930, ensures high visibility and convenient access to major transportation arteries. The property's proximity to I-469 and US 30 (2.5 miles) provides seamless connectivity to Ohio, Michigan, Illinois, and the broader Indiana region. The asking price for this owner-occupied property is $1,100,000. The property's location within New Haven's primary retail corridor, along with its ample lot size and versatile zoning, makes it an attractive prospect for investors seeking a strong foothold in a thriving industrial market. The Allen County location and the property's APN is 02-13-11-151-001.000-041. This is a rare opportunity to acquire a well-positioned industrial property with significant potential for growth and return on investment.

    Property Features for 620 Lincoln Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    10,440 SF
    Lot Size
    222,156 SF

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • High visibility from heavily trafficked Lincoln Highway and US 930.
    • Prime New Haven retail location at the Lincoln Highway and US 930 intersection.
    • Divisible building suitable for three tenants.
    • 5.1‑acre lot with paved areas for storage or development.
    • Strong local industrial workforce.
    • I‑2 General Industrial zoning offers flexible usage options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    Allen
    State
    Indiana
    Longitude
    -85.039395543827
    Latitude
    41.070027165426

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    FAQs

    What type of property is this?
    Distribution property - 10,440 SF Flex/Warehouse, 3 Units
    Where is this distribution property located?
    The property is located at 620 Lincoln Hwy New Haven, IN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: High visibility from heavily trafficked Lincoln Highway and US 930.; Prime New Haven retail location at the Lincoln Highway and US 930 intersection.; Divisible building suitable for three tenants.
    Request Owner's contact information
    620 Lincoln Hwy New Haven, IN 46774
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    Realmo Value Estimation

    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.

    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.

    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
    620 Lincoln Hwy New Haven, IN 46774
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