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    53788 Co Rd 9 Elkhart, IN 46514

    Sponsored
    For Lease
    $5 SF/Yr ($6,197 /Mo)

    Prime Elkhart County flex space, ideal for retail or industrial use.

    Lot size:
    12,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,500-square-foot flex space presents a unique opportunity in Elkhart County, Indiana. Situated at 53788 Co Rd 9, Elkhart, IN 46514, this single-tenant property offers versatile usage for retail or industrial businesses. Built in 1989, the building boasts a spacious 17-foot ceiling height, providing ample room for various operations. The property sits on approximately 1.96 acres of land, offering significant potential for expansion or outdoor storage. With 50 total parking spaces, ample room is available for employees and customers. The building is a single-story structure, providing easy accessibility and efficient workflow. Its flex space designation allows for a wide range of potential uses, making it an attractive option for businesses seeking a customizable space. The property's location in Elkhart offers convenient access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-maintained, versatile property in a desirable location. Don't miss out on this chance to secure your business's future in this prime Elkhart County location.

    Property Features for 53788 Co Rd 9

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,500 SF
    Total Rate
    6197.92

    Building Details

    Year Built
    1989
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    12,500 SF
    Rate per SF
    $5

    HighLights

    • Excellent Elkhart County location, near major retail and the I‑80/90 Toll Road.
    • High‑bay warehouse features 17' ceilings, a 12' overhead door, ample parking, and rear yard storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9652672
    Latitude
    41.712288

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    FAQs

    What type of property is this?
    Flex space - Prime Elkhart County flex space, ideal for retail or industrial use.
    Where is this flex space located?
    The property is located at 53788 Co Rd 9 Elkhart, IN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Excellent Elkhart County location, near major retail and the I-80/90 Toll Road.; High-bay warehouse features 17' ceilings, a 12' overhead door, ample parking, and rear yard storage.;
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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
    53788 Co Rd 9 Elkhart, IN 46514
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