2501 NappaneeElkhart, IN 46517

  • Retail properties
  • 17,944 SF
Off market
$1,217,381 Estimated

Property Details for 2501 Nappanee

Year built
2005
Construction
TYPE NOT SPECIFIED
Lot size
2.17 AC
Property size (Sq ft)
17,944 SF
Zone code
ZO01
Property type
Retail properties
Property subtype
Strip malls
APN
20-05-13-277-018.000-002
APU
200513277018000002

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,961,140
    6.5%
    $4,579,514
    7%
    $4,252,406
  • Comparable approach

    Method
    Valuation
    Method 1
    $5,889,759
    Method 2
    $5,889,759
  • Alternative Use

    Use
    Valuation
    Residential
    $3,862,992
    Hospitality
    $3,538,480
    Educational
    $2,943,974
    Medical
    $3,045,221
    Retail
    $4,579,514
2501 Nappanee, Elkhart, Indiana

Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.6605
Longitude
-86.0042
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $861,500
  • Assessed land value
    $144,600
  • Assessed value
    $1,006,100
  • Tax year
    2023
  • Tax bill
    $30,430

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