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    102 E Hively Ave Elkhart, IN 46517

    For Sale
    $900,000

    14,490 SF building on 1.43 acres, built in 2008.

    Property size:
    14,490 SF
    Lot size:
    1.38 Acres

    Property Features for 102 E Hively Ave

    General Information

    Size
    14,490 SF
    Lot size
    1.38 Acres

    Source: JLL | Indianapolis Agent Tim Murray

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

    Overview

    Former Walgreens Building For Sale

    This 14,490 square foot building is situated on a 1.43-acre lot. Constructed in 2008, the property was formerly a Walgreens. Located on a signalized corner, the site offers excellent visibility and signage opportunities. The property is suitable for medical, office, or financial institution use. Traffic counts are 8,938+ vehicles per day at the intersection of E. Hively Avenue and Monger Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Pharmacy Redbox Movie Rental Kiosk Walgreens Drug Store COVID-19 Drive-thru Testing ... Pharmacy FedEx OnSite Mailing Service

    Suggested Use

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

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

    Similar Places Nearby

    CVS Pharmacy, COVID-19 Drive-thru Testing at Walgreens, CVS, Patricia Canright, Clark Widmoyer

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.965851
    Latitude
    41.659739

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    FAQs

    What type of property is this?
    Drug store - 14,490 SF building on 1.43 acres, built in 2008.
    Where is this drug store located?
    The property is located at 102 E Hively Ave Elkhart, IN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - High-visibility location on a signalized corner; - Suitable for medical, office, or financial institution use; - Large 14,490 sf building on 1.43 acres
    (317) 471-7081
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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
    102 E Hively Ave Elkhart, IN 46517
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