3802 Midway RdGoshen, IN 46526

  • Retail properties
  • 86,073 SF
For Lease

Property Details for 3802 Midway Rd

Year built
1999
Construction
TYPE NOT SPECIFIED
Lot size
9.28 AC
Property size (Sq ft)
86,073 SF
Zone code
ZO01
Property type
Retail properties
Property subtype
Outlet malls
APN
20-06-36-101-003.000-013
APU
200636101003000013

Description

This exceptional retail property, located at 3802 Midway Road in Goshen, Indiana, offers a prime opportunity for a single-tenant business. The building boasts a substantial 142,082 square feet of total space, with 7,650 square feet currently available for lease. Situated in Elkhart County, this location benefits from excellent visibility and accessibility, making it ideal for a variety of retail ventures. Ample parking is provided with 710 spaces available for customers and employees. The property is classified as a retail store and is categorized as single-tenant occupancy. The property's address is 3802 Midway Rd, Goshen, IN 46526. Its geographic coordinates are latitude 41.6215696 and longitude -85.9032984. This presents a rare chance to secure a significant retail presence in a thriving Indiana community. The substantial square footage offers flexibility for various business needs, while the ample parking ensures convenient access for patrons. This is a single-tenant space, providing exclusive use and control of the leased area. The property is ready for immediate occupancy. Contact us today to learn more about this exceptional leasing opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,797,382
    6.5%
    $21,966,816
    7%
    $20,397,756
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,251,740
    Geo Method
    $28,251,740
  • Alternative Use

    Use
    Valuation
    Residential
    $18,529,830
    Hospitality
    $16,973,226
    Educational
    $14,121,524
    Medical
    $14,607,185
    Retail
    $21,966,816
3802 Midway Rd, Goshen, Indiana

Location Insight

City
Goshen
County
Elkhart
State
Indiana
Latitude
41.6221
Longitude
-85.9028
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$126,028
$2,429,100
$2,730,800
$5,159,900
-
$2,429,100
$2,730,800
$5,159,900

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