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Property profile & analytics
OFF-MARKET Estimated value $585,000
Warehouses

620 Lincoln W Hwy New Haven, IN 46774-2136

10,440 SF 3.39 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1148052
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1973
Construction TYPE NOT SPECIFIED
Total area 10,440 SF
Lot 3.39 ac (147,799 SF)
APN 02-13-11-151-001.000-041
UPID US31-1148052
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$633k
Blend (final) Blend
$585k
Owner & transaction history
City Of New Haven
City Of New Haven
since 2026
3 recorded transactions
2026
Price N/A
2025
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $785,000 +51.6%
Commercial (general) $750,000 +44.5%
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