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    516 E County Road 6 Elkhart, IN 46514

    For Sale
    $2,500,000

    Mixed Use, Service - Elkhart, IN

    Type:Mixed Use
    Lot size:
    3.14 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 516 E County Road 6

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    B2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Office
    Bathrooms
    3
    APN
    20-02-20-457-011.000-027
    Parking
    35
    Parking features
    Paved or Surfaced
    Interior features
    Drywall, 220 Volts
    Exterior features
    220 Volts
    Lot size
    3.14 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Floors in Building
    1
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    One Realty, LLC (574) 849-5886 [email protected]

    Listing agent Lori Snyder (574) 849-5886 License #RB14022203

    Listing date Nov 3, 2025

    MLS# 202441667 Listing URL

    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elkhart Commercial Development Opportunity

    This commercial development opportunity is located at the CR 6 and St Road 19 (Cassopolis) Corridor. The property features 3.13 acres with B2 zoning and is situated within a TIF district. It benefits from high traffic, with over 22,000 cars passing by daily. The location is adjacent to a McDonald's and a Marathon station. The site includes two structures: a 5,367 sqft block building and a residential structure. Vacant land is present to the North and West of the property. The property has approximately 726' of frontage on CR 6 and is 317' deep. The current tenant is scheduled to vacate the premises by February 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.970987
    Latitude
    41.72459

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    FAQs

    What type of property is this?
    Commercial land - 3.14 acres B2 zoning near CR 6 and St Road 19.
    Where is this commercial land located?
    The property is located at 516 E County Road 6 Elkhart, IN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime commercial development opportunity in Cassopolis corridor with B2 zoning and TIF district benefits.; - High traffic location with over 22,000 cars per day.; - Excellent frontage: approximately 726' on CR 6 and 317' deep.
    (574) 849-5886
    Request Owner's contact information
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    Elkhart, IN 46514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 E County Road 6 Elkhart, IN 46514
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