Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

951 Werling Rd New Haven, IN 46774

FOR LEASE
Retail space
Property ID
US31-0207861
8,566 SF 1.38 ac lot Built 1999
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$677k
Assessed land$240k
Assessed improvement$437k
Effective rate2.49%

Value estimate

· Oct 2026
$375k
$338k – $413k
Submarket $/SF estimate$928k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$5k
Operating expenses−$11k
NOI · 282,058.33% cap applied$34k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$30 – $108

Cap rate analysis

How does the asset earn?
282,058.33%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.3
Realty agency17.1
Restaurant12.8

Location

951 Werling Rd New Haven, IN 46774
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
640 Lincoln W, New Haven, IN 46774-2136 $309,000 Nov 2023 7,500 SF
11995 Dechell, New Haven, IN 46774-9373 $375,000 Jun 2022 4,272 SF
1750 Smt, New Haven, IN 46774-1585 $290,000 Feb 2021 1,860 SF
508 Broadway, New Haven, IN 46774-1404 $39,000 Feb 2020 1,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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
Why this one?
Saved