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    Elkhart In Elkhart, IN 46514

    Sponsored
    For Lease
    $1.00 SF/Yr ($2,916 /Mo)

    Flexible Spaces, Prime Location

    Lot size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Elkhart, Indiana commercial property offers 35,000 square feet of versatile space, ideal for a variety of uses. The property boasts a flexible design accommodating tenants needing anywhere from 5,000 to 35,000 square feet, making it suitable for traditional office, medical office, flex space, or warehouse operations. Located on a 3.92-acre lot, this single-tenant building benefits from a prime corner location with convenient access to SR-19, the Elkhart Airport, and the I-80/90 Toll Road. City sewer and water services are readily available. The property is situated within Elkhart City Limits and a Tax Increment Financing (TIF) District, offering potential economic advantages. The unique zoning (M-1 & R-2) allows for a diverse range of business types. Build-to-suit options are available for those seeking a customized space. This state-of-the-art development presents a compelling opportunity for businesses seeking a strategic location in a revitalizing area of Elkhart County, Indiana (Zip code 46514).

    Property Features for 0 Elkhart In

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,000 SF
    Total Rate
    2916.67

    Unit(s) available at that property

    Space
    Size
    35,000 SF
    Rate per SF
    $20

    HighLights

    • 35,000 SF versatile commercial space in Elkhart, IN, divisible to 5,000 SF.
    • Prime corner location, 1/3 mile from SR‑19, 3 miles from I‑80/90 Toll Road and Elkhart Municipal Airport.
    • Surrounded by industrial and commercial businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.98621278
    Latitude
    41.7003386

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    FAQs

    What type of property is this?
    Medical office - Flexible Spaces, Prime Location
    Where is this medical office located?
    The property is located at Elkhart In Elkhart, IN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 35,000 SF versatile commercial space in Elkhart, IN, divisible to 5,000 SF.; Prime corner location, 1/3 mile from SR-19, 3 miles from I-80/90 Toll Road and Elkhart Municipal Airport.; Surrounded by industrial and commercial businesses.
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    Elkhart In 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
    Elkhart In Elkhart, IN 46514
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