Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rail Park Dr Bristol, IN 46507

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Rail Park Dr Bristol, IN 46507

    View on Map
    • Land
    • 10.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rail Park Dr

    Lot size
    10.00 lot acres
    Property type
    Land

    Description

    This exceptional 10-acre parcel presents a rare opportunity for industrial development in Bristol, Indiana. Strategically located just west of State Road 15 within the Earthway Industrial Park, this property offers unparalleled access to rail transportation, significantly reducing logistics costs and enhancing operational efficiency. The site is zoned M2 Heavy Manufacturing, allowing for a wide range of industrial uses, including outside storage, perfectly suited for businesses requiring ample space and convenient rail access. The M2 zoning designation specifically aims to support intense manufacturing activities while preventing conflicts with residential or lighter commercial uses. This ensures a stable and compatible industrial environment for years to come. Situated in Elkhart County, the property boasts a convenient location with easy access to major transportation routes, making it an ideal location for businesses seeking efficient distribution and logistics. The single-tenant nature of the land provides flexibility for large-scale development or expansion. With its ideal zoning, prime location, and rail access, this 10-acre site represents a compelling investment opportunity for businesses seeking to establish or expand their operations in a thriving industrial area. The property's address is Rail Pk Dr, Bristol, IN 46507.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.8436
    Latitude
    41.7065

    Comparable in this City

    • Value Estimation by Request
      13.77 Acres

      43 County Rd

      Land • 13.77 Acres
      43 County Rd, Bristol, IN 46507
      View Details
    • Value Estimation by Request
      31.24 Acres

      14365 Co Rd

      Farms • 31.24 Acres
      14365 Co Rd, Bristol, IN 46507
      View Details
    • Value Estimation by Request
      1 SF

      43 County Rd

      Land • 1 SF
      43 County Rd, Bristol, IN 46507
      View Details
    • Value Estimation by Request
      0.21 Acres

      20664 County Rd 8th 8

      COMMERCIAL (GENERAL) • 0.21 Acres
      20664 County Rd 8th 8, Bristol, IN 46507-9040
      View Details
    • Value Estimation by Request
      1.55 Acres

      54845 State Rd 15

      COMMERCIAL (GENERAL) • 1.55 Acres
      54845 State Rd 15, Bristol, IN 46507
      View Details
    • Value Estimation
      $560,000
      21,596 SF

      200 Elkhart St

      COMMERCIAL (GENERAL) • 21,596 SF
      200 Elkhart St, Bristol, IN 46507
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for purchase.
      Co Rd 43, Bristol, IN 46507
      View Details
    • $88,000
      0.37 Acres

      Residential Land in Bayridge Court

      Residential land available for custom villa construction in Bristol, Indiana.
      9682 Bayridge Ct, Bristol, IN 46507
      View Details
    • $49,000
      0.25 Acres

      Residential Land in Bayridge Enclave

      Residential land available for custom villa in private neighborhood.
      3608 Bayridge Dr, Bristol, IN 46507
      View Details
    • New
      $95,000
      Pending

      Residential Land in Sylvan Woods

      Corner lot in Sylvan Woods subdivision, Bristol, Indiana.
      56237 Whispering Hill Dr, Bristol, IN 46507
      View Details
    • $125,000
      Pending

      Residential Land Near Bristol, Indiana

      Three-acre residential land parcel located near Bristol, Indiana.
      County Road 21, Bristol, IN 46507
      View Details
    • $490,000
      14.00 Acres

      14 Acre Residential Land Parcel

      14 acre residential land parcel located near Bristol, Indiana.
      County Road 21, Bristol, IN 46507
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Industrial Land for Lease in Bristol, IN

      13.774 Acres, Single Tenant Potential
      0 County Rd 43, Bristol, IN 46507
      View Details
    • Contact for pricing

      Industrial Land Near Rail Access

      10 acres of M2 zoned industrial land for lease.
      Rail Park Dr, Bristol, IN 46507
      View Details
    • Contact for pricing

      Spacious Industrial Building on Acreage

      346,628 SF industrial building on 89.9 acres for lease.
      51650 County Road 133, Bristol, IN 46507
      View Details
    Request Owner's contact information
    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.
    Rail Park Dr
    Bristol, IN 46507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!