Technical
Financial
Distress signals
Property profile

2929 Ferndale Rd Elkhart, IN 46517

OFF-MARKET
Turn key restaurants
Property ID
US31-0132890
3,398 SF 1.08 ac lot Built 2004
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Total area 3,398 SF
Lot 1.08 ac (47,045 SF)
Zoning code ZO01
APN 20-06-26-476-003.000-013
UPID US31-0132890

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
  • Restaurant Take-out & Catering

Location

2929 Ferndale Rd Elkhart, IN 46517-8789
Elkhart metro Census 2001 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.59M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.53M

Owner & transaction history

since 2020
Last sale
$2.2M
6 recorded transactions
2020
$2.2M
2019
$1.7M
2010
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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