2020 Industrial Pkwy Elkhart, IN 46516-5411
This exceptional 24,970 square foot medical office building is situated on a 3.37-acre lot at 2020 Industrial Parkway in Elkhart, Indiana, zip code 46516. Constructed in 1967, the property boasts a desirable ZO01 permitted zoning classification. The building offers a versatile layout, including 5,000 square feet of warehouse space, ideal for storage or specialized medical equipment. High ceilings, measuring 12 feet, provide ample vertical space. Access is convenient with one grade-level door and one dock door. Ample parking is available with 60,000 square feet of paved parking, accommodating approximately 100 vehicles. The property enjoys a prime location on the south side of Elkhart, offering excellent visibility and accessibility. Its proximity to the US 20/31 Bypass, approximately half a mile away, ensures easy access for patients and staff. This presents a unique opportunity to acquire a well-established medical office building in a thriving Indiana community. The asking price for this property is $899,000.
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Callie Design Marketing & Advertising (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Elkhart, INElkhart. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.