Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

301 Hively Ave Elkhart, IN 46517

OFF-MARKET
Turn key restaurants
Property ID
US31-0693277
2,124 SF 0.64 ac lot Built 2019
Last sale Dec 2020 · $2,103,896
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 301 W Hively Ave in Elkhart, Indiana consists of a Wendy’s restaurant building with approximately 2,400 square feet of interior area situated on about 0.64 acres of land. The building is configured for use as a quick-service restaurant and is subject to a long-term, triple-net (NNN) lease structure, with contractual rent escalations based on the lesser of CPI changes or 1.25% annually starting in Year 3 and continuing through the base term and through six, five-year tenant…

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?
$13k
Tax billed · 2023
Assessed value$414k
Assessed land$63k
Assessed improvement$351k
Effective rate3.04%

Value estimate

· Oct 2026
$2.44M
$2.19M – $2.68M
AI approach$2.49M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency15.1
Law Firm14.2
HVAC Service10.6

Location

301 Hively Ave Elkhart, IN 46517-1939
County assessor Recorded deeds · 3 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2703 Main, Elkhart, IN 46517-2615 $264,600 Jan 2024 2,821 SF
2727 Benham, Elkhart, IN 46517-1953 $12,650 Dec 2022 2,100 SF
3206 Main, Elkhart, IN 46517-2739 $425,000 Jun 2021 2,664 SF
3821 Main, Elkhart, IN 46517-3510 $58,100 Mar 2021 2,700 SF
3801 Main, Elkhart, IN 46517-3510 $154,000 Jan 2020 1,504 SF
1915 Borneman, Elkhart, IN 46517-1333 $80,000 Sep 2019 2,068 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 301 Hively Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again