Financial
Distress signals
Property profile

2709 Whipple Ave Elkhart, IN 46516

OFF-MARKET
Warehouses
Property ID
US31-1221728
4,648 SF 0.96 ac lot Built 1965
Last sale May 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity in Elkhart, Indiana, presents two separate commercial buildings totaling over 10,000 square feet on a nearly one-acre lot (42,253 sq ft). The property is zoned M1 and boasts separate electric and gas meters for each building, offering flexibility and efficiency. Building 1, encompassing 5,642 square feet, features office space with multiple entrances and two restrooms. Recent upgrades include a new HVAC unit, newer windows, a rubber roof, updated

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$248k
Assessed land$35k
Assessed improvement$213k
Effective rate3.06%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$26/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$12 – $37

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionELKHART

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Restaurant12.6
Pharmacy12.6

Location

2709 Whipple Ave Elkhart, IN 46516-5505
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1400 Princeton, Elkhart, IN 46516-4103 $40,000 Sep 2021 6,174 SF
721 Graywood, Elkhart, IN 46516-5418 $180,000 Mar 2021 5,176 SF
4141 Pne Crk, Elkhart, IN 46516-9555 $72,000 Nov 2020 7,200 SF
4561 Pne Crk, Elkhart, IN 46516-9563 $200,000 Jun 2020 5,600 SF
23948 County Rd 16, Elkhart, IN 46516-5823 $95,000 Jan 2020 3,000 SF
21500 C, Elkhart, IN 46516-9745 $150,000 Nov 2019 6,048 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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