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203 Stonemont Dr 500,000 SF 100% Leased 4-Star Industrial Building Bristol, IN 46507 $46,333,406 ($92.67/SF) 7% Cap Rate
Investment Highlights
- 50 dock-high doors (10 per suite)
- 8 rail doors
- 8” reinforced concrete floors; 80’ x 50’ bay spacing
- 13–14 grade-level doors (14’–18’)
- 42’ eave height / 38’ clear height — among the tallest in Elkhart County
- LED lighting throughout
Executive Summary
500,000 SF fully leased, steel-constructed industrial facility built in 2024, offering modern infrastructure, newer construction, and reduced near-term capital needs. Situated on 49.29 acres, the property is rail-served by Watco and zoned M-2 (Heavy Manufacturing). Easily divisible into ±100,000 SF suites. AM General lease runs to 12/31/33. Dometic lease runs to 1/31/30.
Property Facts
| Price | $46,333,406 | Lot Size | 49.29 AC |
| Price Per SF | $92.67 | Rentable Building Area | 500,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 7% | Year Built | 2023 |
| Property Type | Industrial | Clear Ceiling Height | 38’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 50 |
| Building Class | A | ||
| Zoning | M-2 - Heavy Manufacturing | ||
| Price | $46,333,406 |
| Price Per SF | $92.67 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 49.29 AC |
| Rentable Building Area | 500,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Clear Ceiling Height | 38’ |
| No. Dock-High Doors/Loading | 50 |
| Zoning | M-2 - Heavy Manufacturing |
Property Taxes
| Parcel Number | 20-03-32-200-005.000-031 | Improvements Assessment | $25,140,000 |
| Land Assessment | $1,110,800 | Total Assessment | $26,250,800 |
Property Taxes
Parcel Number
20-03-32-200-005.000-031
Land Assessment
$1,110,800
Improvements Assessment
$25,140,000
Total Assessment
$26,250,800
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203 Stonemont Dr
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