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Property profile & analytics
FOR LEASE
Turn key restaurants
1919 Lincolnway E, Goshen, IN 46526
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-0542316
For Lease
1 / 2
Contact for pricing
1919 Lincolnway E, Goshen, IN 46526
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
TYPE NOT SPECIFIED
Total area
5,837 SF
Lot
1.41 ac (61,594 SF)
Zoning code
ZO01
APN
20-11-23-251-006.000-015
UPID
US31-0542316
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
El Rancho Viejo Goshen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lafayette Retail Partners LLC · 1 yrs held
Lafayette Retail Partners LLC
since 2025
5 recorded transactions
Zoning & alternative use
ZO01 · Goshen, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Goshen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goshen submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,598
Tax year 2023
Assessed value
$705,800
Assessed 2023
Previous assessed
$705,800
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$261,600
Assessed improvement
$444,200
Land market value
$261,600
Improvement market value
$444,200
Total market value
$705,800
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1992
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
5,837 SF
Lot
1.41 ac (61,594 SF)
Zoning code
ZO01
APN
20-11-23-251-006.000-015
UPID
US31-0542316
Jurisdiction
ELKHART
Zoning & alternative use
ZO01 · Goshen, IN
Zoning ZO01 · permitted uses
ZO01 · Goshen, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goshen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Lafayette Retail Partners LLC
Entity
Mailing address
841 E 64TH ST STE #201, INDIANAPOLIS, IN 46220-1395
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Lafayette Retail Partners LLC
—
Deed
related
$750,000 · The National Bank Of Indianapolis
Feb 28, 2025
—
Lafayette Retail Partners LLC
Ecclincolnway LLC
Special Warranty Deed
—
Jul 12, 2022
—
Kmr Realty LLC
Rees Realty LLP
Correction Deed
related
—
Aug 23, 2018
—
Kmr Realty LLC
Rees Realty LLP
Warranty Deed
$850,000 · Keybank USA
—
—
Rees Realty LLP
—
Deed Of Trust
related
$450,000 · Key Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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