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    3225 Southview Dr Elkhart, IN 46514

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    For Sale
    $1,195,000

    Well-maintained office building with leasing and owner-user opportunities.

    Property size:
    13,568 SF
    Lot size:
    1.08 Acres

    Property Features for 3225 Southview Dr

    General Information

    Size
    13,568 SF
    Lot size
    1.08 Acres

    Source: Sturges Property Group Agent Robert Doyle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elkhart Class A Office Building

    The Northpointe Building, a Class A commercial office building constructed in 2001, is available for sale. Located on the north side of Elkhart, Indiana, at 3225 Southview Drive, the 13,568 square foot building is less than a half mile from the intersection of SR 19 and the Indiana Toll Road 80/90, providing optimal access and visibility. This property is a value-add asset, currently 28% leased with one tenant under a five-year triple net lease ending in 2028 in Suite 500. Priced below replacement cost, it presents a significant advantage for investors or owner/users. Three tenant spaces, Suites 200, 300, and 401, are available, each with a private entrance, and can be leased separately or combined. A new owner can occupy some or all of the available space while benefiting from existing tenancy. The B3 zoning accommodates various business uses, including large-scale commercial, retail, wholesale, service, medical, and auto-related businesses. Buyer can lease spaces for additional income or occupy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Binson's Medical Equipment ... Medical Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.980089
    Latitude
    41.733843

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building with leasing and owner-user opportunities.
    Where is this office building located?
    The property is located at 3225 Southview Dr Elkhart, IN.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Priced below replacement cost, offering a significant financial advantage.; - Optimal location with **high visibility and easy access** to SR 19 and Indiana Toll Road 80/90.; - Class A, well-maintained commercial office building constructed in 2001.
    (260) 424-8448
    Request Owner's contact information
    3225 Southview Dr Elkhart, IN 46514
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    Elkhart, IN 46514
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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
    3225 Southview Dr Elkhart, IN 46514
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