Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7A Parkway Ave Elkhart, IN 46516

    For Sale
    $2,351,250

    Commercial Land - Elkhart, IN

    Lot size:
    8.25 Acres
    Days on Market:
    515
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 7A Parkway Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    20-07-07-351-002.000-039
    Exterior features
    Street Lights, Underground Service
    Lot size
    8.25 Acres

    Building Details

    Architectural style
    Other

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

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

    Listing date Jul 10, 2024

    MLS# 202223800 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 Land Available

    This 8.25-acre commercial land parcel, located within the Pinecreek Development on CR 17 in Elkhart, is suitable for residential or mixed-use development. The site is shovel-ready, with roads and utilities already in place, including city water and city sewer capable of handling up to 500 multi-family residential units. Signage is also established. The surveyed and platted land benefits from visibility from the US 20 Bypass and CR 17. It is centrally located directly off the US 20 Bypass, 2 miles south of US 120, and 4 miles south of the I 80/90 toll road. Elkhart County and Indiana are national leaders in logistics, with Indiana situated in the median center of the U.S. population, offering a distribution advantage with 70% of the U.S. population within a day's drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9468
    Latitude
    41.6942

    Nearby Similar for Sale

    • $324,900
      2,068 SF

      Duplex Plus Bungalow Investment Opportunity

      Two-story duplex and bungalow on one tax-key in Elkhart.
      509 Prospect St, Elkhart, IN 46514
      View Details
    • $185,900
      0.13 Acres

      Versatile Commercial Building in Elkhart

      Adaptable commercial space suitable for various business ventures.
      1801 Wood St, Elkhart, IN 46516
      View Details
    • $650,000
      0.13 Acres

      Winchester Mansion: Event Center Potential

      Stunning property with income potential as event center or B&B.
      529 S 2Nd St, Elkhart, IN 46516
      View Details
    • $79,900
      1,400 SF

      Elkhart Duplex with Detached Garage

      Duplex in Elkhart, IN, with renovation potential and detached garage.
      1118 Cedar St, Elkhart, IN 46514
      View Details
    • $69,900
      0.02 Acres

      Elkhart Storefront Carry Out Business

      Storefront carry-out business with basement, equipment, and B-2 zoning.
      202 E Indiana Ave, Elkhart, IN 46516
      View Details
    • $175,000
      0.44 Acres

      Elkhart Mixed-Use Commercial Building

      Renovated mixed-use building in high-traffic area with business and residential potential.
      23957 Us 33, Elkhart, IN 46517
      View Details

    FAQs

    What type of property is this?
    Commercial land - Shovel-ready land for residential/mixed-use development with utilities in place.
    Where is this commercial land located?
    The property is located at 7A Parkway Ave Elkhart, IN.
    What is the asking price?
    The asking price for this property is $2,351,250.
    What are key features of this property?
    This property features: - Shovel-ready development land with roads, utilities, and signage already in place.; - Prime location with US 20 Bypass and CR 17 visibility.; - Centrally located: directly off US 20 bypass, 2 miles south of US 120, and 4 miles south of I 80/90 toll road.
    (574) 849-5886
    Request Owner's contact information
    7A Parkway Ave Elkhart, IN 46516
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7A Parkway Ave
    Elkhart, IN 46516
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7A Parkway Ave Elkhart, IN 46516
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.