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    505 S 3Rd St Elkhart, IN 46516

    For Sale
    $1,730,522

    12,228 SF healthcare property for sale in Elkhart, IN.

    Property size:
    12,228 SF
    Lot size:
    0.91 Acres

    Property Features for 505 S 3Rd St

    General Information

    Size
    12,228 SF
    Lot size
    0.91 Acres

    Source: Sands Investment Group (SIG) | California Agent Ben brigham

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

    Overview

    Elkhart, IN Healthcare Property

    The property at 505 South 3rd Street in Elkhart, IN, is a 12,228 square foot asset suitable for healthcare purposes, including rehabilitation centers. The property is being offered for sale and features a corporate-guaranteed lease by Hopebridge Autism Therapy Centers, described as one of the largest ABA therapy operators in the nation. The lease term is for 5+ years. The property includes a large parking lot exceeding half an acre, offering a secure passive investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hopebridge Autism Therapy ... Mental Health Clinic Emily Stults General Practitioner Delivery Service Inc Trucking Company Dynamic Produce Wholesaler Topolski Eugene J Personal Injury Attorney

    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
    -85.974306
    Latitude
    41.681588

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    FAQs

    What type of property is this?
    Rehabilitation center - 12,228 SF healthcare property for sale in Elkhart, IN.
    Where is this rehabilitation center located?
    The property is located at 505 S 3Rd St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $1,730,522.
    What are key features of this property?
    This property features: - 5+ year corporate-guaranteed lease by Hopebridge Autism Therapy Centers; - Hopebridge is one of the largest ABA therapy operators in the nation; - NNN lease structure with minimal landlord responsibilities
    (844) 474-4666
    Request Owner's contact information
    505 S 3Rd 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
    505 S 3Rd St Elkhart, IN 46516
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