Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1521 Cassopolis St Elkhart, IN 46514

    For Lease
    $6 SF/Yr ($10,424 /Mo)

    Prime Elkhart flex space available. 10,032 SF vacant.

    Lot size:
    18,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 18,532-square-foot flex space at 1521 Cassopolis St., Elkhart, Indiana, presents a unique investment opportunity. Located in Elkhart County, this property boasts a versatile design ideal for a variety of businesses. The building, constructed in 1986, features a desirable B-2 zoning classification. The spacious layout includes 10,032 square feet of immediately available space, perfect for expansion or a new tenant. The property sits on a sizable 1.44-acre lot and offers ample parking with 63 surface spaces. The building's interior features a 12-foot ceiling height, providing excellent vertical space. The property is served by 3-phase power, catering to businesses with significant energy demands. This multi-tenant building offers a blend of retail and industrial uses, making it an adaptable space for various business models. The property's location in Elkhart, Indiana, offers easy access to major transportation routes and a thriving local economy. This is a rare opportunity to secure a substantial and well-located flex space in a desirable market. The address is 1521 Cassopolis St., Elkhart, IN 46514.

    Property Features for 1521 Cassopolis St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,532 SF
    Total Rate
    10424.25

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,032 SF
    Rate per SF
    $6

    HighLights

    • High‑visibility location on a major Elkhart thoroughfare.
    • 10,000 SF of versatile rear space suitable for retail, service, storage, or fitness.
    • Strong anchor tenant: O'Reilly Auto Parts drives substantial traffic.
    • Flexible space with 12‑foot ceilings, 3‑phase power, and potential for an overhead door.
    • Features 40' x 30' bays.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    O'Reilly Auto Parts Auto Parts Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9726784
    Latitude
    41.7035709

    Nearby Similar for Lease

    • $9,376 /Mo
      4,950 SF

      Elkhart Office Building For Lease

      Professional office space with high visibility and ample parking.
      631 County Road 17, Elkhart, IN 46516
      View Details
    • $2,000 /Mo
      2,614 SF

      Gated Office Space by River

      Two-level office space with kitchen, laundry, and river views.
      733 Princeton Ave, Elkhart, IN 46516
      View Details
    • $3 SF/Yr
      52,000 SF

      Elkhart Mixed-Use Space Available

      Multiple spaces available for rent in Elkhart, Indiana.
      421 S 2Nd St, Elkhart, IN 46514
      View Details
    • $2,500 /Mo
      2,250 SF

      Renovated Mixed-Use Space Available

      Renovated open concept space with high-traffic frontage on Bristol Street.
      1842 E Bristol St, Elkhart, IN 46514
      View Details
    • $1,000 /Mo
      1,575 SF

      Commercial Suites on Beardsley Avenue

      Well-maintained commercial suites available for lease in Elkhart, Indiana.
      1600 W Beardsley Ave, Elkhart, IN 46514
      View Details
    • $1,400 /Mo
      3,095 SF

      Downtown Elkhart Renovated Office Space

      Renovated office space in downtown Elkhart with parking.
      209 S 2Nd St, Elkhart, IN 46514
      View Details

    FAQs

    What type of property is this?
    Flex space - Prime Elkhart flex space available. 10,032 SF vacant.
    Where is this flex space located?
    The property is located at 1521 Cassopolis St Elkhart, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on a major Elkhart thoroughfare.; 10,000 SF of versatile rear space suitable for retail, service, storage, or fitness.; Strong anchor tenant: O'Reilly Auto Parts drives substantial traffic.
    Request Owner's contact information
    1521 Cassopolis St Elkhart, IN 46514
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1521 Cassopolis St
    Elkhart, IN 46514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1521 Cassopolis St Elkhart, IN 46514
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.