LincolnwayGoshen, IN 46526

  • Strip malls
  • 14,900 SF
Off market
$31,529,090 Estimated

Property Details for Lincolnway

Year built
1989
Construction
TYPE NOT SPECIFIED
Lot size
3.15 AC
Property size (Sq ft)
14,900 SF
Zone code
ZO01
Property type
Strip malls
Property subtype
Neighborhood centers
APN
20-11-23-251-021.000-015
APU
201123251021000015

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,068,740
    6.5%
    $2,832,690
    7%
    $2,630,350
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,018,350
    Geo Method
    $2,018,350
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,370,920
    Mixed-Use / Specialty
    $2,884,450
    Hospitality / Lodging
    $2,196,770
    Office
    $2,931,750
    Institutional / Educational
    $3,020,780
    Residential Income
    $3,534,310
    Multifamily
    $3,895,900
    Automotive / Energy
    $2,589,240
    Parking / Income-Based Land
    $832,395
    Restaurant / Food Service
    $1,632,250
    Healthcare / Senior Housing
    $2,894,510

Location Insight

City
Goshen
County
Elkhart
State
Indiana
Latitude
41.5599
Longitude
-85.7972
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,144
$509,100
$323,000
$832,100
-
$509,100
$323,000
$832,100

FAQs

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