Property profile

11 Parkway Ave Elkhart, IN 46516

OFF-MARKET
Land
6.64 ac lot
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Property summary

AI-generated overview

This exceptional industrial property, located at 13212 Portal Dr, Ste 1-5, offers 28,200 square feet of versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Currently, 17,625 square feet of contiguous space is immediately available, offering significant potential for a variety of businesses. The building features eight individual suites, with a minimum divisible space of 7,050 square feet. This allows for flexibility, accommodating both large and smaller tenants. The available space boasts a 20-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are efficient with five dock-high doors and five drive-in doors. The 17,625-square-foot space includes approximately 5% office build-out, complete with restrooms, enhancing its functionality. The property is strategically located within the I-80 Industrial Park, offering convenient access to major transportation routes. The space can be divided into two units: one 7,050 square feet and the other 10,575 square feet, providing further adaptability to tenant needs. Availability begins March 1, 2025. This is a rare opportunity to secure high-quality industrial space in a prime location.

Property profile

Verified
Property type Land
Lot 6.64 ac (289,238 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11 Parkway Ave Elkhart, IN 46516
Elkhart metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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