Industrial Facility with Office
For Sale
Contact for pricing
Pending
2147 Eisenhower Drive North, Goshen, IN 46526
Industrial facility built in 2004 featuring warehouse space plus newly renovated office area.
Property Size23,905 SF
Days on Market191
Property Features for 2147 Eisenhower Drive North
General Information
Standard status
Pending
Size
23,905 SF
Property subtype
Industrial
Zoning
M-1
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2004
Listing Agency:
Pinnacle Properties
Listed By:
Ryan White · License #IN
(574) 315-9615
Source:
Crexi
Added: Apr 21
Changed: Oct 26
Last Checked: Oct 28 at 6:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-positioned industrial facility was built in 2004 and offers a functional mix of warehouse space and newly renovated office space. The layout supports combined operations, with office space integrated into the building to accommodate day-to-day administrative needs.
The property is located near US-33, providing connectivity through downtown Goshen and the greater region.
Offered for sale, this flex-style industrial asset is categorized as industrial properties/warehouses with office units and office space, making it suited to users looking for an integrated warehouse and office configuration.
The property is located near US-33, providing connectivity through downtown Goshen and the greater region.
Offered for sale, this flex-style industrial asset is categorized as industrial properties/warehouses with office units and office space, making it suited to users looking for an integrated warehouse and office configuration.
Key Highlights
- Industrial facility built in 2004 with a functional mix of warehouse and office space.
- Includes warehouse space plus a newly renovated office area.
- Located near US‑33, providing connectivity through downtown Goshen and the greater region.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,996
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,699,920
$2.7M
Cap Rate 7%
$1,928,514
$1.9M
Cap Rate 9%
$1,499,956
$1.5M
Market Conditions
NOI Build-Up for 23,905 SF
Gross rent
$229.5K $9.60/SF
− Vacancy
−$21.8K −$0.91/SF
EGI
$207.7K $8.69/SF
− OpEx
−$72.7K −$3.04/SF
NOI
$135.0K $5.65/SF
Area
Elkhart County, IN
Vacancy
9.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,699,920
Cap Rate 7%
$1,928,514
Cap Rate 9%
$1,499,956
Alternative Uses
Best Use
Warehouse
$2.48M
$2.17M – $2.90M
NOI $173,942 @ 7.0% cap · market cap 11.53%
Second Best
Industrial
$2.05M
$1.79M – $2.39M
NOI $143,246 @ 7.0% cap · market cap 9.50%
Theoretical Best
Specialty Retail
$4.43M
$3.87M – $5.16M
NOI $309,809 @ 7.0% cap · market cap 20.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46526, IN
33,170
Population
12,570
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
67.1 sq mi
ZIP Area
494
Density / Sq Mi
$65,864
Median Household Income
$36,446
Median Earnings
$1,061
Median Rent
$192,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Greencroft Catering & Meeting — 1820 Greencroft Blvd, Goshen, IN 46526
Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility built in 2004 featuring warehouse space plus newly renovated office area.
Where is this flex space located?
The property is located at 2147 Eisenhower Drive North Goshen, IN.
What is the asking price?
The asking price for this property is $1,508,000.
What are key features of this property?
This property features: Industrial facility built in 2004 with a functional mix of warehouse and office space.; Includes warehouse space plus a newly renovated office area.; Located near US‑33, providing connectivity through downtown Goshen and the greater region.
