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    Property profile & analytics

    4120 Elkhart Rd Goshen, IN 46526

    • Turn key restaurants
    • 3,648 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Jan 07, 2021
    Location Intelligence
    Property ID
    US31-0138911
    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

    • Turn key restaurants

    Property Details for 4120 Elkhart Rd

    Year built
    1995
    Lot size
    1.44 lot acres
    Property size
    3,648 SF
    Zone code
    ZO01
    Property type
    Turn key restaurants
    APN
    20-06-36-127-003.000-013
    APU
    200636127003000013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Goshen
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9011
    Latitude
    41.6222
    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
    $17,766
    $397,400
    $188,100
    $585,500
    -
    $397,400
    $188,100
    $585,500

    Comparable in this City

    • Value Estimation
      $320,000
      3,116 SF

      921 Pike St

      RESTAURANT • 3,116 SF
      921 Pike St, Goshen, IN 46526-2364
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    • Value Estimation
      $460,000
      5,000 SF

      1822 Lincolnway E

      RESTAURANT • 5,000 SF
      1822 Lincolnway E, Goshen, IN 46526-6411
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    • Value Estimation by Request
      3,845 SF

      4014 Elkhart Rd

      RESTAURANT • 3,845 SF
      4014 Elkhart Rd, Goshen, IN 46526-5795
      View Details
    • Value Estimation
      $405,000
      6,914 SF

      1706 Elkhart Rd

      RESTAURANT • 6,914 SF
      1706 Elkhart Rd, Goshen, IN 46526-1940
      View Details
    • Value Estimation
      $635,000
      4,478 SF

      702 Lincoln Ave

      RESTAURANT • 4,478 SF
      702 Lincoln Ave, Goshen, IN 46526-2418
      View Details
    • Value Estimation
      $375,000
      2,788 SF

      2022 Lincolnway E

      RESTAURANT • 2,788 SF
      2022 Lincolnway E, Goshen, IN 46526-6413
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Multi-tenant building in high-traffic area, ideal for retail/office.
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      Retail property with 7,650 square feet available for lease.
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    • Contact for pricing
      6,033 SF

      Freestanding Building in High-Traffic Area

      6,033 SF retail building with ample parking and high visibility.
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    • $12 SF/Yr
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      Linway Plaza Retail Space Available

      Goshen, IN Mixed-Use Retail Opportunity
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    • $10 SF/Yr
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      Goshen Commons Retail Center

      Prime Elkhart County retail space. Multiple suites available.
      2008-2028 Lincolnway, Goshen, IN 46526
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    4120 Elkhart Rd
    Goshen, IN 46526
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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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