Financial
Distress signals
Property profile

506 Oakland Ave Nappanee, IN 46550

OFF-MARKET
Warehouses
Property ID
US31-3256173
108,675 SF 7.83 ac lot Built 1977
Last sale Dec 2020 · $1,625,411
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.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$2.39M
Assessed land$235k
Assessed improvement$2.16M
Effective rate2.86%

Value estimate

· Sep 2026
$1.88M
$1.69M – $2.07M
AI approach$1.96M
Submarket $/SF estimate$1.71M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$26/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$12 – $37

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 agency13.5
Dental Office12.9
Law Firm11.1

Location

506 Oakland Ave Nappanee, IN 46550-2327
County assessor Recorded deeds · 2 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Jackson, Nappanee, IN 46550 $65,000 Dec 2020 4,000 SF
2051 Cheyenne, Nappanee, IN 46550-9055 $450,000 Sep 2020 58,500 SF
Us 6th, Nappanee, IN 46550 $312,000 Apr 2020 No data
301 Jackson, Nappanee, IN 46550-2721 $1,000,000 Nov 2019 29,985 SF
458 Tomahawk, Nappanee, IN 46550-9056 $425,000 Mar 2019 10,000 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
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