2320 MainElkhart, IN 46517

  • Other commercial real estate
  • 5,016 SF
Off market
$218,405 Estimated

Property Details for 2320 Main

Year built
1993
Construction
WOOD
Lot size
0.22 AC
Property size (Sq ft)
5,016 SF
Zone code
ZO01
Property type
Other commercial real estate
Property subtype
Showrooms
APN
20-06-16-276-015.000-012
APU
200616276015000012

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,386,819
    6.5%
    $1,280,141
    7%
    $1,188,702
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,646,402
    Geo Method
    $1,646,402
  • Alternative Use

    Use
    Valuation
    Residential
    $1,079,846
    Hospitality
    $989,134
    Educational
    $822,948
    Medical
    $851,250
    Retail
    $1,280,141
2320 Main, Elkhart, Indiana

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6646
Longitude
-85.9519
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $150,600
  • Assessed land value
    $29,900
  • Assessed value
    $180,500
  • Tax year
    2023
  • Tax bill
    $5,491

FAQs

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