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Property profile & analytics
OFF-MARKET Estimated value $1,275,000
Office Spaces

2020 Industrial Pkwy Elkhart, IN 46516-5411

29,970 SF 3.37 ac lot Built 1967
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-1121400
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1967
Construction TYPE NOT SPECIFIED
Total area 29,970 SF
Lot 3.37 ac (146,797 SF)
Zoning code ZO01
APN 20-06-03-403-003.000-012
UPID US31-1121400
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
  • Callie Design Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.28M
Owner & transaction history
Sungen Power LLC · 1 yrs held
Sungen Power LLC
since 2025
3 recorded transactions
2025
Price N/A
2023
Price N/A
2019
$200,000
Zoning & alternative use
ZO01 · Elkhart, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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