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    510 State St Elkhart, IN 46516

    Sponsored
    For Sale
    $99,900

    Industrial, Vacant - Elkhart, IN

    Type:Industrial
    Days on Market:
    2
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for 510 State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    20-06-04-355-008.000-012
    Parking
    2
    Parking features
    Other
    Interior features
    Other, 220 Volts, Three Phase
    Exterior features
    220 Volts, Three Phase

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Flooring type
    Other
    Building materials
    Other
    Roof type
    Asphalt
    Architectural style
    Other

    Lunch Partners LLC dba Realty Group Resources (574) 215-8543 [email protected]

    Listing agent Cory White (574) 264-2000 License #RB14028504

    Listing date Jan 5, 2026

    MLS# 202549437 Listing URL

    Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elkhart Industrial Property with M1 Zoning

    This industrial property in Elkhart, Indiana, features approximately 8,000 square feet of space under a new roof and is zoned M1. The building is constructed with concrete floors on most of the upper level. It is suitable for use as an auto repair shop. The property has 3-phase electric available. The property is sold as-is, where-is, and the seller will not make any repairs or remove the contents of the building. The property is located in Elkhart County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    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
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.962419
    Latitude
    41.683711

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial property with M1 zoning, suitable for auto repair.
    Where is this manufacturing property located?
    The property is located at 510 State St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - Almost 8,000 sq ft of space; - Brand new roof; - M1 zoning
    (574) 596-3598
    Request Owner's contact information
    510 State St Elkhart, IN 46516
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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
    510 State St Elkhart, IN 46516
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