Property profile

1308 Nappanee St Elkhart, IN 46516

OFF-MARKET
Turn key restaurants
Property ID
US31-0031134
4,690 SF 0.56 ac lot Built 1972
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 4,690 SF
Lot 0.56 ac (24,524 SF)
Zoning code ZO01
APN 20-06-07-151-001.000-012
UPID US31-0031134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1308 Nappanee St Elkhart, IN 46516-1519
Elkhart metro Census 2300 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
2004
Price N/A

Zoning & alternative use

ZO01 · Elkhart, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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