1101 Parkway AveElkhart, IN 46516
- Office properties
- 4,703 SF
Property Details for 1101 Parkway Ave
- Year built
- 2020
- Construction
- WOOD
- Lot size
- 0.11 AC
- Property size (Sq ft)
- 4,703 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 20-07-07-151-014.000-039
- APU
- 200707151014000039
Description
This exceptional 10,000 square foot executive office space is available for purchase at $1,600,000. Located at 1101 Parkway Avenue, #200, in Elkhart, Indiana (zip code 46516), this mixed-use property presents a fantastic opportunity for businesses seeking a prominent location in Elkhart County. The building offers ample parking, a significant advantage for employees and clients. The property's versatile design makes it suitable for a variety of professional uses, including office, retail, or medical practices. The 10,000 square feet provide substantial space for expansion and growth. This prime location in Elkhart offers excellent visibility and accessibility, making it an ideal investment for businesses looking to establish or expand their presence in a thriving community. The property is classified as both Office and Mixed Use, providing flexibility for diverse business needs. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is situated at 41.677552 latitude and -85.886916 longitude.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $884,545
- 6.5%
- $816,503
- 7%
- $758,181
-
Comparable approach
- Method
- Valuation
- Relative Method
- $612,566
- Geo Method
- $612,566
-
Alternative Use
- Use
- Valuation
- Residential
- $1,012,464
- Hospitality
- $927,411
- Educational
- $771,595
- Medical
- $798,132
- Retail
- $1,200,260
Location Insight
- City
- Elkhart
- County
- Elkhart
- State
- Indiana
- Latitude
- 41.6778
- Longitude
- -85.8865
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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