Property profile

2917 Paul Dr Elkhart, IN 46514

OFF-MARKET
Other warehouses
Property ID
US31-0132090
9,440 SF 1.5 ac lot Built 1987
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

A 9,040-square-foot industrial/warehouse facility on a 1.50-acre parcel in Elkhart, Indiana. The building is a pre-engineered steel structure with a masonry facade and includes approximately 1,088 square feet of air-conditioned office space plus a partial mezzanine for additional area. Exterior clear height is supported by 16-foot eaves, with truck-dock access and overhead doors. Electrical service is rated at 600 AMP with 240V single-phase power, and the facility features an energy-efficient lighting package with motion sensors along with natural gas radiant heat. The property is zoned Planned Unit Development (PUD) and is served by municipal water and sewer, with on-site parking. It is located north of Elkhart Municipal Airport and provides access to I-80/90 (Indiana Toll Road) and SR 19, near the US 20 By-Pass. The configuration supports warehousing and distribution, light manufacturing and assembly, regional logistics, equipment sales and service, and contractor trade uses, and the building is arranged for triple-net (NNN) style occupancy.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction WOOD
Total area 9,440 SF
Lot 1.5 ac (65,340 SF)
APN 20-01-24-301-020.000-006
UPID US31-0132090

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
  • Building Supply Hardware & Home Improvement

Location

2917 Paul Dr Elkhart, IN 46514-8797
Elkhart metro Census 1502 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
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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 2009
2 recorded transactions
2009
Price N/A
2004
$170,500

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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