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    Property profile & analytics

    3701 Main St Elkhart, IN 46517-3108

    • Super regional malls
    • 197,942 SF
    • 59.73 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 05, 2023
    Location Intelligence
    Property ID
    US31-0494919
    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.

    Current Use by Public Records

    • Vieth D DDS / Dentist
    • Hobby Lobby / Picture Frame Shop / Scrapbooking Store
    • Patrick Albert, OD / Ophthalmologist / Sunglasses Store
    • Concord Business Park / Association / Organization
    • Heidi Park, OD / Optometrist / Optician

    Property Details for 3701 Main St

    Year built
    1972
    Construction
    TYPE NOT SPECIFIED
    Lot size
    59.73 lot acres
    Property size
    197,942 SF
    Zone code
    ZO01
    Property type
    Super regional malls
    APN
    20-06-22-401-002.000-011
    APU
    200622401002000011

    Description

    Concord Business Park, located at 3701 S Main St, Elkhart, IN 46517, offers exceptional warehouse space for lease. This industrial property encompasses a total of 376,950 square feet, situated on a 5.7-acre lot. The property is currently multi-tenant, with a significant amount of vacant space totaling 175,754 square feet readily available. Businesses seeking flexible options will appreciate the divisibility of the space, with a minimum leasable area of 29,359 square feet. For larger operations, the entire 376,950 square feet is available as one contiguous unit. This prime location in Elkhart, Indiana provides excellent access to transportation networks, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property's size and flexibility cater to a wide range of industrial and warehousing needs, from small businesses to large-scale operations. Interested parties are encouraged to inquire about lease terms and availability for this exceptional Elkhart warehouse opportunity. The property is classified as industrial and specifically as a warehouse.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9335
    Latitude
    41.6427
    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
    $440,359
    $8,636,300
    $5,737,500
    $14,373,800
    -
    $8,636,300
    $5,737,500
    $14,373,800

    Comparable in this City

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      2501 Nappanee St

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      3808 Mishawaka Rd

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      117 Hively Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 8,772 SF
      117 Hively Ave, Elkhart, IN 46517-2114
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      $655,000
      9,170 SF

      2200 Nappanee St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,170 SF
      2200 Nappanee St, Elkhart, IN 46517-1353
      View Details
    • Value Estimation
      $395,000
      13,000 SF

      2200 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 13,000 SF
      2200 Main St, Elkhart, IN 46517-2425
      View Details

    Similar Nearby for Sale

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      Elkhart Redevelopment Site Available

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      Former Walgreens Building For Sale

      14,490 SF building on 1.43 acres, built in 2008.
      102 E Hively Ave, Elkhart, IN 46517
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    • $1,295,000

      Elkhart Retail Property on Main

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    Similar Nearby for Lease

    • $5 SF/Yr
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      Elkhart Commercial Space For Lease

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    • $16 SF/Yr

      Former Gas Station with Canopy

      3,150 SF former gas station for sublease in Elkhart, IN.
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    • $11 SF/Yr
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      Elkhart Auto Shop For Rent

      Auto shop with frontage on South Main Street available for rent.
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    • $4 SF/Yr
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      Elkhart Manufacturing/Warehouse Space Available

      60360 SF manufacturing/warehouse space for lease in Elkhart, IN.
      28505 County Road 20, Elkhart, IN 46517
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    • $3 SF/Yr
      146,324 SF

      Elkhart Warehouse Space Available

      146,324 SF warehouse space for lease in Elkhart.
      1601 Fieldhouse Ave, Elkhart, IN 46517
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    • $5 SF/Yr
      28,125 SF

      Elkhart Warehouse Manufacturing Space

      28,125 SF warehouse with docks and grade doors.
      28680 Holiday Pl, Elkhart, IN 46517
      View Details
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    3701 Main St
    Elkhart, IN 46517-3108
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    Realmo Value Estimation

    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.

    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.

    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
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