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Financial
Distress signals
Property profile

4542 Elkhart Rd Elkhart, IN 46517

FOR LEASE
Strip malls
Property ID
US31-0764788
16,238 SF 5.12 ac lot Built 2005
Last sale Jul 2022 · $6,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This four-building retail center is located at a signalized corner at 4542 Elkhart Rd in Elkhart, Indiana. The property is configured as retail space and has been occupied by a mix of national and local tenants, including restaurant and service uses such as Starbucks, Jimmy John’s, Great Clips, AT&T, and Eyemart Express. The center is positioned to serve a broad trade area, including Elkhart, Goshen, and surrounding communities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$77k
Tax billed · 2023
Assessed value$2.53M
Assessed land$818k
Assessed improvement$1.71M
Effective rate3.02%

Value estimate

· Oct 2026
$6.51M
$5.85M – $7.16M
AI approach$6.15M
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$3k
Operating expenses−$22k
NOI · 430,833.33% cap applied$52k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
430,833.33%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionELKHART

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.1
Building Supply18.3
Law Firm16.3

Location

4542 Elkhart Rd Elkhart, IN 46517
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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