Financial
Distress signals
Property profile

1500 W Hively Ave Elkhart, IN 46517

FOR LEASE
Other warehouses
Property ID
US31-0661254
10,074 SF 1.24 ac lot Built 1978
Last sale Dec 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 1500 W Hively Ave, Elkhart, Indiana, is a contemporary office building configured with expansive open floor plans that incorporate natural light, along with dedicated conference rooms and a lobby area. The interior layout is designed for flexible office use, supporting customizable work configurations. Externally, the building provides ample parking and straightforward access for employees and visitors, and it is situated within a commercial district with convenient access to

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?
$6k
Tax billed · 2023
Assessed value$206k
Assessed land$37k
Assessed improvement$169k
Effective rate3.08%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

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 agency23.1
Dental Office18.1
Law Firm17.1

Location

1500 W Hively Ave Elkhart, IN 46517
County assessor Recorded deeds · 1 transfer 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2610 Main, Elkhart, IN 46517-2616 $56,000 Mar 2021 4,752 SF
2208 Clay, Elkhart, IN 46517 $2,010,726 Mar 2021 37,380 SF
1601 Hively, Elkhart, IN 46517-4037 $65,000 Dec 2020 22,994 SF
29141 County Rd 20, Elkhart, IN 46517-9749 $38,311 Jun 2020 7,968 SF
58356 County Rd 3rd, Elkhart, IN 46517-9506 $350,000 Jan 2020 13,200 SF
28875 County Rd 20, Elkhart, IN 46517-9435 $312,500 Mar 2019 5,412 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?”
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