Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2082 Summit St New Haven, IN 46774

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Modern Flex/Warehouse Space, Build-to-Suit

    Property size:
    1,000 SF

    Property Features for 2082 Summit St

    General Information

    Property type
    Distribution properties
    Square Feet
    1,000 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    6

    We can help!

    Listing Contact
    James Jamicich
    James Jamicich

    Listing Agency: Xplor Commercial Real Estate Listing Agent: James Jamicich

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

    Learn more

    Property Insight Report

    Overview

    This exceptional opportunity presents six new Class A industrial buildings within the Twins Industrial Park, located at 2082 Summit St, New Haven, Indiana, 46774. The park offers build-to-suit options for spaces ranging from 1,000 to 50,000 square feet, catering to diverse manufacturing, flex, and warehouse needs. Each building boasts customizable ceiling heights and layouts to perfectly match your operational requirements. The property is zoned I-2 (General Industrial), ensuring flexibility and compliance. Situated just one mile from the strategic intersection of I-469, US 30, and US 24, this location provides unparalleled access to major transportation arteries, facilitating efficient logistics and distribution. The surrounding area boasts a robust industrial labor pool, with 30% of the population within a 10-minute drive employed in manufacturing, construction, or transportation/warehouse roles – a significant 38% higher than the national average for these sectors. Outdoor storage options are also available, adding further value and operational convenience. This build-to-suit project allows for negotiation on space, amenities, and pricing, making it an ideal solution for businesses seeking a tailored industrial space in a prime location with a strong workforce. Year built is 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Auto Parts Store Department 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
    -84.998010150906
    Latitude
    41.074096351212

    Nearby Similar for Sale

    • New
      $118,500
      Pending

      Convertible Duplex in New Haven

      Investment opportunity: convertible duplex near shopping, restaurants, and grocery stores.
      1135 Summit St, New Haven, IN 46774
      View Details
    • $179,900
      Pending

      New Haven Duplex with Updates

      Well-maintained duplex with rental potential near downtown New Haven.
      1018 Bell Ave, New Haven, IN 46774
      View Details
    • $317,500
      2,575 SF

      Mixed-Use Property with Fenced Lot

      Mixed-use property featuring residential and commercial spaces, plus fenced lot.
      207 W Lincoln Hwy, New Haven, IN 46774
      View Details
    • $549,000
      7,745 SF

      Versatile Industrial/Showroom Property For Sale

      7,745 SF industrial/showroom in New Haven, C-3 zoning.
      217 State Road 930 W, New Haven, IN 46774
      View Details
    • Contact for pricing
      79,422 SF

      Neighborhood Shopping Center Outlots Available

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

      New Haven Industrial Facility

      15,250 SF industrial facility with office space and secured yard.
      207 Main St, New Haven, IN 46774
      View Details
    • Contact for pricing
      291,328 SF

      Industrial Property with Truck Scale

      Industrial property featuring truck scale, potential rail access, and proximity tohighways.
      15012 Edgerton Rd, New Haven, IN 46774
      View Details
    • $650,000

      Former Bank Branch For Sale

      High-traffic location with drive-thru, suitable for various uses.
      411 Lincoln Hwy W, New Haven, IN 46774
      View Details
    • Contact for pricing
      1,458 SF

      Move-in Ready Villa with Updates

      Well-maintained villa featuring modern amenities and a fenced backyard.
      10365 Chesterhills Ct, New Haven, IN 46774
      View Details
    • $1,100,000
      10,440 SF

      New Haven Industrial Property

      10,440 SF Flex/Warehouse, 3 Units
      620 Lincoln Hwy, New Haven, IN 46774
      View Details
    • $650,000
      4,142 SF

      Prime New Haven Retail Space

      Bank Building, 4,142 SF, High Traffic
      411 Lincoln Hwy, New Haven, IN 46774
      View Details

    FAQs

    What type of property is this?
    Distribution property - Modern Flex/Warehouse Space, Build-to-Suit
    Where is this distribution property located?
    The property is located at 2082 Summit St New Haven, IN.
    What are key features of this property?
    This property features: Build-to-suit industrial space in a new industrial park.; Customizable design to accommodate tenant's office and restroom requirements.; Excellent location, within one mile of I-469, US 30, and US 24.
    (260) 487-3699 Call to check price and availability
    Request Owner's contact information
    2082 Summit St New Haven, IN 46774
    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.
    2082 Summit St
    New Haven, IN 46774
    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
    2082 Summit St New Haven, IN 46774
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Jamicich
    James Jamicich
    Real Estate License ID: #RB23000015
    (260) 487-3699 (260) 452-7525
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!