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    Michigan St Elkhart, IN 46514

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    For Lease
    Contact for pricing

    Commercial development land available for lease in Elkhart, Indiana.

    Lot size:
    3.92 Acres

    Property Features for Michigan St

    General Information

    Lot size
    3.92 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Ryan Gableman CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land For Lease

    This state-of-the-art commercial development offers freestanding and in-line spaces available for lease. The property benefits from a strategic location in an area of redevelopment and is situated within a TIF District. Build-to-suit opportunities are available. It is ideal for medical offices, retail, and small industrial uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.985124
    Latitude
    41.686114

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    FAQs

    What type of property is this?
    Commercial land - Commercial development land available for lease in Elkhart, Indiana.
    Where is this commercial land located?
    The property is located at Michigan St Elkhart, IN.
    What are key features of this property?
    This property features: - Strategic location in an area of redevelopment.; - Located within a TIF District.; - State-of-the-art commercial development.
    (574) 485-1502
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    Michigan St 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
    Michigan St Elkhart, IN 46514
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