State Road 120, Bristol, IN 46507
Industrial Land - Bristol, IN
- Added:
- Jun 25, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 26 at 10:06 pm
Property Features for State Road 120
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 20-04-19-300-007.000-032
- Lot size
- 15.63 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1012.88
Building Details
- Architectural style
- Other
Listing agent Jesse Riegsecker License #RB14046169 (574) 612-7277
Listing office Bright Star Real Estate Services LLC 55137 State Road 13, Middlebury, IN (574) 821-7653
Listing date Jun 25, 2026
Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Auction property: 15+ acres sold by phone bid auction with bidding ending July 21 at 5pm
- Includes a 35x40 shop building with concrete and electric
- Second building is a 32x50 pole building with dirt floors used for equipment storage
- Land is currently planted in hay and could be used for multiple purposes
- Buyer can view the property during daylight hours
Overview
The site is offered for sale as an auction property, with public viewing available during daylight hours. The property is located along State Road 120 in Bristol, Indiana, within Elkhart County.
For buyers seeking a property that can support equipment storage and flexible land use, the combination of an enclosed shop with concrete and electric plus an additional pole building provides practical space for organizing materials and vehicles. With the ground currently planted in hay but described as adaptable for multiple uses, the acreage can support operational needs that align with agricultural or site-based activities, depending on the buyer’s plans.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.4k | $9.48 |
| − Vacancy | −$2.8k | −$0.92 |
| EGI | $25.7k | $8.56 |
| − OpEx | −$3.9k | −$1.28 |
| NOI | $21.8k | $7.28 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Bristol Self Storage — 1105 E Vistula St, Bristol, IN 46507
- Storage Rentals of America — 818 Bloomingdale Dr, Bristol, IN 46507
Map
- City
- Bristol
- County
- Elkhart
- State
- Indiana
- Longitude
- -85.7674177
- Latitude
- 41.72525471
