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    1311 Laurel St Elkhart, IA 50073

    For Lease
    $12 SF/Yr ($5,400 /Mo)

    Flex/Warehouse Units Available Now

    Lot size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,400-square-foot industrial property in Polk County, ideally situated near Interstate 35, offers multiple tenancy options. The building is currently fully vacant and available for lease, with flexible space configurations ranging from a minimum of 1,800 square feet to a maximum contiguous space of 3,600 square feet. The property boasts ample outdoor parking, catering to the needs of businesses and employees alike. Two 14-foot overhead doors provide convenient access for loading and unloading, while the high sidewalls, ranging from 17 to 20 feet, offer generous vertical space for storage or equipment. The industrial zoning allows for a variety of uses, making it suitable for flex space, warehouse operations, workshops, or even personal hobby spaces. Its strategic location near Interstate 35 ensures easy access to major transportation routes, enhancing logistical efficiency. This versatile property presents a unique opportunity for businesses seeking a functional and well-located industrial space. The entire 5,400 square feet is available, or spaces can be divided to suit individual tenant needs. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1311 Laurel St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,400 SF
    Total Rate
    5400

    Unit(s) available at that property

    Space
    Suite 119 & 120
    Size
    3,600 SF
    Rate per SF
    $12
    Space
    Suite 113
    Size
    1,800 SF
    Rate per SF
    $12

    HighLights

    • Industrial zoning.
    • Suitable for flex, warehouse, or shop use.
    • Ample on‑site parking.
    • Convenient I‑35 access.
    • Two 14' overhead doors.
    • 17'-20' high sidewalls.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Wholesale Shop Auto Repair Shop Building Supply Hotel & Motel Gym & Fitness Bar & Pub Kitchen & Bath Storage Facility HVAC Service Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Polk
    State
    Iowa
    Longitude
    -93.53695
    Latitude
    41.796286

    Nearby Comparable

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      Elkhart Flex Space Available

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    Nearby Similar for Lease

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    • $10 SF/Yr
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      Elkhart Industrial Space For Lease

      Industrial space available for lease with flexible sizing options.
      1403 NW Laurel St, Elkhart, IA
      View Details
    • $10 SF/Yr
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      Elkhart Warehouse Space Available

      1,800 SF warehouse space for lease in Elkhart, Iowa.
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    • $540,000
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      Elkhart Flex Space Available

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    FAQs

    What type of property is this?
    Distribution property - Flex/Warehouse Units Available Now
    Where is this distribution property located?
    The property is located at 1311 Laurel St Elkhart, IA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Industrial zoning.; Suitable for flex, warehouse, or shop use.; Ample on-site parking.
    Request Owner's contact information
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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
    1311 Laurel St Elkhart, IA 50073
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