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Property profile & analytics
OFF-MARKET
Medical Office Space
207 Elkhart St Wakarusa, IN 46573-9729
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-0679712
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Construction
WOOD
Total area
9,560 SF
Lot
0.19 ac (8,233 SF)
Zoning code
ZO01
APN
20-09-26-481-010.000-025
UPID
US31-0679712
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
-
Aroba Sadaf, DO - Beacon Medical Group Wakarusa Pediatrician Physician
-
Dr. Danielle Russo Pediatrician Physician
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
Able Medical LLC · 1 yrs held
Able Medical LLC
since 2024
5 recorded transactions
Zoning & alternative use
ZO01 · Wakarusa, 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 Wakarusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wakarusa 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
Assessed value
$259,100
Assessed 2023
Previous assessed
$259,100
+0.0% YoY
Assessed land
$19,000
Assessed improvement
$240,100
Land market value
$19,000
Improvement market value
$240,100
Total market value
$259,100
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
YES
Stories
2
Total area
9,560 SF
Lot
0.19 ac (8,233 SF)
Zoning code
ZO01
APN
20-09-26-481-010.000-025
UPID
US31-0679712
Jurisdiction
ELKHART
Zoning & alternative use
ZO01 · Wakarusa, INZoning ZO01 · permitted uses
ZO01 · Wakarusa, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
YES
Stories
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Able Medical LLC
Entity
Mailing address
207 N ELKHART ST, WAKARUSA, IN 46573-9729
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 30, 2024
—
Able Medical LLC
Beacon Medical Group INC
Warranty Deed
$312,000 · Interra Cu
Jun 25, 2024
—
Beacon Medical Group INC
Beacon Medical Group INC
Re-recorded Document
related
—
Jun 19, 2024
—
Beacon Medical Grop INC
Beacon Medical Group LLC
Quit Claim Deed
related
—
Dec 20, 2017
—
Beacon Medical Group INC
Wakarusa Medical Clinic LLC
Quit Claim Deed
related
—
Jan 31, 2011
—
Wakarusa Medical Clinic LLC
Abel,robert M & Betty A
Quit Claim Deed
related
—
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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