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    951 Werling Rd New Haven, IN 46774

    For Lease
    $12 SF/Yr ($8,566 /Mo)

    Prime Retail/Office Space Available

    Lot size:
    8,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This single-story, 8,566 square foot Class B building, situated on a 1.96-acre lot in New Haven, Indiana (46774), offers flexible retail and office suites ranging from 1,500 to 3,000 contiguous square feet. Currently, 3,000 square feet are vacant, ideal for a variety of uses. The property boasts 40 parking spaces and is conveniently located just off SR-930, approximately half a mile from I-469, providing excellent accessibility. Its strategic location benefits from high visibility and proximity to established businesses, including a Shell Convenience Store and Edward Jones Financial Advisors, as well as New Haven High School and Crumback Chevrolet. The building's previous tenants included a tax service establishment and a credit union with a drive-thru, highlighting its adaptability. The property is zoned C-3 Commercial and features a single building with no elevators. The parcel number is 02-13-12-351-001.000-041. This is a fantastic opportunity for businesses seeking a well-located, versatile space in a thriving community.

    Property Features for 951 Werling Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,566 SF
    Class
    B
    Total Rate
    8566

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    987- Midwest America Credit Union
    Size
    1,500 SF
    Rate per SF
    $14
    Space
    973- Former Express Refunds
    Size
    1,500 SF
    Rate per SF
    $12

    HighLights

    • 8,566 SF Class B building on a 1.96‑acre lot in New Haven, IN (46774).
    • High‑visibility location off SR‑930, 1⁄2 mile from I‑469.
    • 3,000 SF of vacant space available, plus existing tenants.
    • Suitable for retail or office use; previous tenants included a tax service and a drive‑thru credit union.
    • 40 parking spaces on‑site, near New Haven High School and Crumback Chevrolet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -85.020321114176
    Latitude
    41.066564739847

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail/Office Space Available
    Where is this neighborhood center located?
    The property is located at 951 Werling Rd New Haven, IN.
    What is the lease rate?
    The lease rate is $12-$14 SF/Yr.
    What are key features of this property?
    This property features: 8,566 SF Class B building on a 1.96-acre lot in New Haven, IN (46774).; High-visibility location off SR-930, 1⁄2 mile from I-469.; 3,000 SF of vacant space available, plus existing tenants.
    Request Owner's contact information
    951 Werling Rd 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
    951 Werling Rd New Haven, IN 46774
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