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Property profile & analytics
OFF-MARKET
Commercial real estate

1101 Pkwy #300 Ave Elkhart, IN 46516

3.6 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 5,000 square foot commercial property, situated on a generous 3.6-acre lot in Elkhart, Indiana, presents a unique investment opportunity. The building, constructed with brick exterior, brick EFIS, steel soffit, and fascia, offers a turnkey shell space ideal for various uses, including professional offices, retail, or medical practices. The property includes a convenient commercial canopy perfect for patient or customer drop-off. All units are equipped with finished bathrooms, break rooms, and a mechanical room. Utilities are provided by city water and sewer, AEP electric, and NIPSCO gas. The extensive landscaping and signage enhance the property's curb appeal. The location is highly desirable, boasting easy access to US 20 Bypass, State Road 120, and I-80/90 (minutes from exit 96). Its strategic placement near Goshen Medical, Sports Time Restaurant, multiple title companies, attorneys' offices, a real estate office, and a mortgage company, ensures high visibility and accessibility. The property's proximity to shopping centers further enhances its appeal. Taxes and maintenance are estimated at approximately $4.20 per square foot. Seller financing is available with incredible terms. The property is divisible in 15,000 square foot increments. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential.

Property profile
Verified
Property type Commercial real estate
Year built 2022
Lot 3.6 ac (156,816 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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