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Financial
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Property profile

1727 W Lusher St Elkhart, IN 46517

FOR SALE
Other warehouses
Property ID
US31-0735824
7,720 SF 0.64 ac lot Built 1965
Last sale Mar 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 7,720-square-foot block building configured for light manufacturing and service shop uses. It includes air-conditioned shop and office areas and has one overhead door for service and loading. The building had a metal pitched roof installed in 2019, and the HVAC system located in the attic was updated in 2014. The site provides convenient access to State Road 19 South and US 33 and is located within three miles of the US 20 Bypass.

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.

Debts

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?
$11k
Tax billed · 2023
Assessed value$356k
Assessed land$24k
Assessed improvement$332k
Effective rate3.05%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$7k
Operating expenses−$23k
NOI · 1,290.59% cap applied$44k

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?
1,290.59%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionELKHART

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.0
Dental Office15.8
HVAC Service12.9

Location

1727 W Lusher St Elkhart, IN 46517
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
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
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