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    57909 In-19 Elkhart, IN 46517

    For Sale
    $375,000

    5,660 SF Flex Space, Great Automotive Use

    Property size:
    5,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional industrial property, located at 57909 SR 19 in Elkhart, Indiana (zip code 46517), presents a unique investment opportunity. Priced at $375,000, this 5,660 square foot flex space sits on a 1.25-acre lot and is zoned PUD M-1. The property comprises three buildings ideally suited for automotive uses. Building 1 offers 3,200 square feet, including a main-level office and three additional offices in an upstairs loft. Four large garage doors provide ample access for large trucks or RVs. Building 2 adds 2,400 square feet of usable space, complemented by a 480 square foot canopy/overhang. Finally, Building 3 provides an additional 600 square feet of functional space. The property's strategic location on SR 19, south of the St. Joseph County River, offers convenient access to US 20, ensuring excellent visibility and accessibility for businesses. This versatile property is ready for immediate occupancy and presents a compelling opportunity for a variety of industrial and automotive-related businesses. The property's size, layout, and location combine to create a highly desirable and functional space. Don't miss this chance to acquire a well-positioned industrial property in a thriving Elkhart County location.

    Property Features for 57909 In-19

    General Information

    Property type
    Flex space
    Square Feet
    5,660 SF
    Lot Size
    54,450 SF

    HighLights

    • $375,000 asking price for a 5,660 SF flex space on a 1.25‑acre lot.
    • Located at 57909 SR 19, Elkhart, IN 46517, zoned PUD M‑1.
    • Three buildings totaling 5,660 SF; Building 1: 3,200 SF with office space and four large garage doors; Building 2: 2,400 SF plus 480 SF canopy; Building 3: 600 SF.
    • Excellent visibility and access to US 20 via SR 19.
    • Ideal for automotive businesses; immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -86.0035735
    Latitude
    41.653729

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    FAQs

    What type of property is this?
    Flex space - 5,660 SF Flex Space, Great Automotive Use
    Where is this flex space located?
    The property is located at 57909 In-19 Elkhart, IN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price for a 5,660 SF flex space on a 1.25-acre lot.; Located at 57909 SR 19, Elkhart, IN 46517, zoned PUD M-1.; Three buildings totaling 5,660 SF; Building 1: 3,200 SF with office space and four large garage doors; Building 2: 2,400 SF plus 480 SF canopy; Building 3: 600 SF.
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    57909 In-19 Elkhart, IN 46517
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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
    57909 In-19 Elkhart, IN 46517
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