Technical
Financial
Distress signals
Property profile

830 Pkwy Ave Elkhart, IN 46516

OFF-MARKET
Strip malls
Property ID
US31-3245677
10,560 SF 1.99 ac lot Built 2006
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,560 square foot office suite is located within a 10,560 square foot multi-tenant building at 830 Parkway Ave, Elkhart, IN 46516. Built in 2006, the property features a convenient location in Elkhart's rapidly expanding retail sector, near the intersection of County Road 14 and Parkway Avenue, and close to Bullard's Farm Market. The building is situated approximately two miles from the I-80/90 Toll Road and half a mile from the US 20/31 Bypass, ensuring excellent accessibility. The suite is an end-cap unit offering high visibility. The property boasts 50 paved on-site parking spaces, providing ample parking for tenants and their clients. Municipal utilities are in place. The building is zoned B-3 PUD and offers a diverse tenant mix, including El Maguey Family Restaurant and Metropolitan Title. Suite signage is available at tenant expense. The minimum divisible space is 1,560 square feet, with a maximum contiguous space of 1,560 square feet. The total land area encompasses 1.99 acres. This is an exceptional opportunity for businesses seeking a well-located, modern office space in a thriving commercial area. The property is ideal for a variety of office uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 10,560 SF
Lot 1.99 ac (86,684 SF)
Zoning code ZO01
APN 20-07-07-102-006.000-039
UPID US31-3245677

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Employment Agency

Location

830 Pkwy Ave Elkhart, IN 46516-9342
Elkhart metro Census 602 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

Zoning & alternative use

ZO01 · Elkhart, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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