3701 Main StElkhart, IN 46517

Property Details for 3701 Main St

Year built

1972

Construction

TYPE NOT SPECIFIED

Lot size

59.73 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $54,726,820

  6.5%

  $50,517,064

  7%

  $46,908,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,970,504

  Geo Method

  $64,970,504

• Alternative Use

  Use

  Valuation

  Residential

  $42,613,036

  Hospitality

  $39,033,312

  Educational

  $32,475,256

  Medical

  $33,592,128

  Retail

  $50,517,064

Location Insight

City

Elkhart

County

Elkhart

State

Indiana

Latitude

41.6427

Longitude

-85.9335

CBSA code

21140

CBSA name

ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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