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Property profile & analytics
FOR LEASE
Retail space

951 Werling Rd New Haven, IN 46774

8,566 SF 1.38 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
Property ID
US31-0207861
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction WOOD
Total area 8,566 SF
Lot 1.38 ac (59,914 SF)
APN 02-13-12-351-001.000-041
UPID US31-0207861
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
$928k
Blend (final) Blend
$830k
Owner & transaction history
BROCKMANN ENTERPRISES LLC
BROCKMANN ENTERPRISES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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