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Property profile & analytics
OFF-MARKET
Manufacturing properties
4351 Pne Crk Rd Elkhart, IN 46516-9559
Entity Owned
Free & Clear
Property ID
US31-3551912
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
WOOD
Total area
8,000 SF
Lot
1.08 ac (46,958 SF)
Zoning code
ZO01
APN
20-06-01-301-024.000-011
UPID
US31-3551912
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Eric Trowbridge Design LLC General Contractor Renovation Specialist
-
M & M Concrete Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pine Creek Leasing LLC
Pine Creek Leasing LLC
since 2026
4 recorded transactions
Zoning & alternative use
ZO01 · Elkhart, IN
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elkhart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkhart submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,544
Tax year 2023
Assessed value
$168,500
Assessed 2023
Previous assessed
$168,500
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$45,800
Assessed improvement
$122,700
Land market value
$45,800
Improvement market value
$122,700
Total market value
$168,500
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
8,000 SF
Lot
1.08 ac (46,958 SF)
Zoning code
ZO01
APN
20-06-01-301-024.000-011
UPID
US31-3551912
Jurisdiction
ELKHART
Zoning & alternative use
ZO01 · Elkhart, INZoning ZO01 · permitted uses
ZO01 · Elkhart, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 151: ZONING CODE
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Pine Creek Leasing LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 376, GOSHEN, IN 46527-0376
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
—
Pine Creek Leasing LLC
Caden Real Estate LLC
Quitclaim Deed
related
—
Sep 24, 2024
—
Caden Real Estate LLC
Judy Pruski
Warranty Deed
—
Apr 19, 2013
$34,000
Judy Pruski
Auditor Of Elkhart County
Tax Deed
related
—
Jul 20, 2004
—
Paul H Maurer
Stone Real Estate LLC
Warranty Deed
$116,580 · Bank One NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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