Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    304 Vistula St Bristol, IN 46507
    Back to Search
    Property profile & analytics

    304 Vistula St, Bristol, IN 46507

    View on Map
    • Office Spaces
    • 37,833 SF
    • 1.32 lot acres
    Off-Market
    Property ID
    US31-0519990
    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.
    Value Estimations
    $2,740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Daniel Berger, MD / Pediatrician / Physician
    • Elkhart County Historical Museum / Historical Society / Museum
    • Goshen Physicians Family Medicine - Bristol / Medical Clinic
    • Jessica Ebey, MSN, NP-C / Physician

    Property Details for 304 Vistula St

    Year built
    1903
    Construction
    WOOD
    Lot size
    1.32 lot acres
    Zone code
    ZO01
    Property type
    Office Spaces
    APN
    20-03-27-206-007.000-031
    APU
    200327206007000031

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 24, 2016 $230,000 Goshen Hospital Assn INC Edward Nguyen Warranty Deed —
    — — Cnty Park Elkhart — Deed Of Trust · related $638k · Elkhart Cnty Historical Societ

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,849,000
      Market price range: $883k - $3.11M
      AI Estimate
      $3,628,000
      Market price range: $1.24M - $5.57M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.8203
    Latitude
    41.7216
    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
    $120
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,560 SF

      14655 State Rd 120

      OFFICE (GENERAL)
      14655 State Rd 120, Bristol, IN 46507-9280
      View Details
    • Value Estimation
      $830,000
      11,456 SF

      505 Vistula St

      OFFICE (GENERAL)
      505 Vistula St, Bristol, IN 46507-9464
      View Details
    • Value Estimation by Request
      3,244 SF

      206 Vistula St

      OFFICE (GENERAL)
      206 Vistula St, Bristol, IN 46507-2000
      View Details
    • Value Estimation
      $995,000
      9,766 SF

      20943 County Rd 6th 6

      OFFICE (GENERAL)
      20943 County Rd 6th 6, Bristol, IN 46507-9053
      View Details
    • Value Estimation by Request
      1,352 SF

      1305 Vistula St

      OFFICE (GENERAL)
      1305 Vistula St, Bristol, IN 46507-9467
      View Details
    • Value Estimation by Request
      3,042 SF

      400 Vistula St

      OFFICE (GENERAL)
      400 Vistula St, Bristol, IN 46507
      View Details

    Similar Nearby for Sale

    • $315,000
      1.14 Acres

      Versatile Office Building on Acreage

      Well-maintained office building suitable for various business needs.
      54541 County Road 19, Bristol, IN 46507
      View Details
    • $88,000
      0.37 Acres

      Residential Land in Bayridge Court

      Residential land available for custom villa construction in Bristol, Indiana.
      9682 Bayridge Ct, Bristol, IN 46507
      View Details
    • $49,000
      0.25 Acres

      Residential Land in Bayridge Enclave

      Residential land available for custom villa in private neighborhood.
      3608 Bayridge Dr, Bristol, IN 46507
      View Details
    • $95,000
      Pending

      Residential Land in Sylvan Woods

      Corner lot in Sylvan Woods subdivision, Bristol, Indiana.
      56237 Whispering Hill Dr, Bristol, IN 46507
      View Details
    • $69,000
      0.34 Acres

      Residential Land in Bayridge Court

      Residential land available for custom villa construction in Bristol, Indiana.
      9680 Bayridge Ct, Bristol, IN 46507
      View Details
    • $800,000
      28.84 Acres

      28.84 Acres Agricultural Land For Sale

      28.84-acre parcel with mature forest, pond, and open pasture.
      Tbd County Rd 23, Bristol, IN 46507
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land Near Rail Access

      10 acres of M2 zoned industrial land for lease.
      Rail Park Dr, Bristol, IN 46507
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Warehouse Facility in Bristol

      40,000 SF warehouse/manufacturing facility in Beck Industrial Park.
      5500 Beck Dr, Bristol, IN 46507
      View Details
    • Contact for pricing

      Spacious Industrial Building on Acreage

      346,628 SF industrial building on 89.9 acres for lease.
      51650 County Road 133, Bristol, IN 46507
      View Details
    • Contact for pricing
      1 SF

      Industrial Land for Lease in Bristol, IN

      13.774 Acres, Single Tenant Potential
      0 County Rd 43, Bristol, IN 46507
      View Details
    • Contact for pricing
      50,728 SF

      Industrial Buildings Near Transportation Hub

      Well-maintained industrial buildings with rail access and highway proximity.
      200 Legion St, Bristol, IN 46507
      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.
    304 Vistula St
    Bristol, IN 46507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    304 Vistula St, Bristol, IN, 46507
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!