620 Lincoln W Hwy New Haven, IN 46774-2136
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.