Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    215 Main St Elkhart, IN 46516-3036

    • Auto shops
    • 7,453 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US31-1027847
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Secret Door Games / Hobby Store / Store
    • Tutu School Elkhart / Ballet School / Dance School
    • Master Automotive / Auto Repair Shop
    • Drive Wisely / Association Or Organization

    Property Details for 215 Main St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    7,453 SF
    Zone code
    ZO01
    Property type
    Auto shops
    APN
    20-06-05-257-009.000-012
    APU
    200605257009000012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $385,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $405,000
      Mixed-Use
      $470,000
      Hospitality
      $455,000
      Educational
      $485,000
      Residential Income
      $420,000
      Energy
      $365,000
      Income-Based Land
      $420,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9747
    Latitude
    41.6888
    CBSA code
    21140
    CBSA name
    ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,164
    $45,700
    $124,200
    $169,900
    -
    $45,700
    $124,200
    $169,900

    Comparable in this City

    • Value Estimation by Request
      864 SF

      736 Main St

      AUTO REPAIR, GARAGE • 864 SF
      736 Main St, Elkhart, IN 46516-3775
      View Details
    • Value Estimation
      $315,000
      2,297 SF

      726 Main St

      AUTO REPAIR, GARAGE • 2,297 SF
      726 Main St, Elkhart, IN 46516-3775
      View Details
    • Value Estimation
      $325,000
      1,496 SF

      1210 Goshen Ave

      AUTO REPAIR, GARAGE • 1,496 SF
      1210 Goshen Ave, Elkhart, IN 46516-5635
      View Details
    • Value Estimation
      $295,000
      2,625 SF

      947 Goshen Ave

      AUTO REPAIR, GARAGE • 2,625 SF
      947 Goshen Ave, Elkhart, IN 46516-4802
      View Details
    • Value Estimation by Request
      1,512 SF

      300 High St

      AUTO REPAIR, GARAGE • 1,512 SF
      300 High St, Elkhart, IN 46516-3515
      View Details
    • Value Estimation
      $875,000
      10,368 SF

      28080 Old Us 33

      AUTO REPAIR, GARAGE • 10,368 SF
      28080 Old Us 33, Elkhart, IN 46516-1741
      View Details

    Similar Nearby for Sale

    • $69,900
      0.02 Acres

      Elkhart Storefront Carry Out Business

      Storefront carry-out business with basement, equipment, and B-2 zoning.
      202 E Indiana Ave, Elkhart, IN 46516
      View Details
    • $185,900
      0.13 Acres

      Versatile Commercial Building in Elkhart

      Adaptable commercial space suitable for various business ventures.
      1801 Wood St, Elkhart, IN 46516
      View Details
    • $995,000
      3.21 Acres

      Elkhart Retail & Storage Opportunity

      High-traffic retail/storage complex, great potential.
      1651 Toledo Rd, Elkhart, IN 46516
      View Details
    • $1,200,000
      11,172 SF

      Established Retail Business For Sale

      Profitable retail business with real estate on a busy street.
      1333 S Nappanee St, Elkhart, IN 46516
      View Details
    • Contact for pricing
      1,272 SF

      Retail Space on Nappanee Road

      Retail space with excellent visibility and easy highway access.
      1206 N Nappanee St, Elkhart, IN 46516
      View Details
    • $1,348,000
      0.10 Acres

      Elkhart Entertainment District Landmark Property

      Turn-key restaurant/entertainment venue with supporting rental income.
      526 S Main St, Elkhart, IN 46516
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr

      Former Auto Repair Shop Available

      7,000lb vehicle lift, ample parking, easy access.
      910 Hall Ave, Elkhart, IN 46516
      View Details
    • Contact for pricing
      7,800 SF

      Versatile Industrial Space Near St. Joseph River

      Industrial space with work bays and outside storage near river.
      123 County Road 17, Elkhart, IN 46516
      View Details
    • $9 SF/Yr
      20,295 SF

      Prime Elkhart Office Space

      Historic Downtown Elkhart Office/Coworking
      223 Main St, Elkhart, IN 46516
      View Details
    • $10 SF/Yr

      Elkhart Commercial Space For Rent

      Highly visible commercial space suitable for retail, medical, or office.
      655 County Road 17, Elkhart, IN 46516
      View Details
    • $17 SF/Yr
      6,012 SF

      Downtown Elkhart Retail/Office Space

      Prime location with flexible space and abundant parking.
      101 S Main St, Elkhart, IN 46516
      View Details
    • $18 SF/Yr
      1,139 SF

      Elkhart Office Space: River Point West

      Modern Office Space, Elkhart, IN
      200 Jr. Achievement Dr, Elkhart, IN 46516
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    215 Main St
    Elkhart, IN 46516-3036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.