Property profile

2811 Cassopolis St Elkhart, IN 46514

OFF-MARKET
Grocery and convenience stores
Property ID
US31-0138955
1,124 SF 0.38 ac lot Built 2000
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 2811 Cassopolis Street in Elkhart, Indiana, presents a rare investment opportunity. Situated on a 0.38-acre lot along one of Elkhart's busiest thoroughfares, this property enjoys unparalleled visibility and accessibility, ensuring maximum exposure to a substantial daily traffic volume of 28,000 vehicles. Its strategic location just south of the Toll Road and surrounded by thriving hotels and restaurants guarantees year-round activity and a consistent customer base. The property's existing infrastructure includes fuel tanks that are in good condition and were last inspected in December 2024 (supporting documentation available). The interior features versatile retail space, well-suited for a variety of businesses. This includes dedicated areas for dry goods display, cold drink refrigeration, and a soft drink dispensing system. The property's high traffic count, prime location, and existing infrastructure make it an ideal investment for entrepreneurs and investors seeking a high-return opportunity in a dynamic and growing market. This is a chance to acquire a well-positioned commercial property with significant potential for immediate revenue generation and long-term growth. The asking price is $775,000.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2000
Construction TYPE NOT SPECIFIED
Total area 1,124 SF
Lot 0.38 ac (16,683 SF)
Zoning code ZO01
APN 20-02-20-453-024.000-027
UPID US31-0138955

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Gas Station
  • Atm

Location

2811 Cassopolis St Elkhart, IN 46514-5507
Elkhart metro Census 1601 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2026
6 recorded transactions
2026
Price N/A
2011
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ZO01 · Elkhart, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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