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Property summary
The property is a 16,150-square-foot, restaurant-oriented commercial building on a 3.42-acre site with nearly 400 feet of frontage, located along heavily traveled County Road 6E near its intersection with State Road 19 (including proximity to the IN-19 interchange and Simonton Lake). The building is equipped with individually metered gas forced-air heating, central air conditioning, and 200-amp electrical service, and includes handicap-accessible restrooms, water heaters, furnace rooms, and… storage areas. A three-way liquor license is associated with the property as used by a Mexican restaurant. The site has frontage on County Road 6E and is situated within a retail corridor setting. The property is zoned for Planned Unit Development (PUD), which allows flexibility for mixed-use development while retaining the existing income-producing restaurant building as part of the overall site configuration.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 17 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 16,150 SF
- Lot area
- 3.42 ac
- Year built
- 1988
- Stories
- 1
- APN
- 20-02-29-226-014.000-027
- Zoning
- ZO01
- Assessed value · 2023
- $851,900
- Annual tax · 2023
- $26,151
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $26,151
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Elkhart market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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Still being built. It lands here next, beside the two above.
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