Development Opportunity Near Arbor
For Sale
$850,000
22538 Pine Arbor Drive, Elkhart, IN 46516
11-acre development site with high visibility and frontage.
Property Size11 SF
Price / SF$77,272
Days on Market261
Property Features for 22538 Pine Arbor Drive
General Information
Standard status
Active
Size
11 SF
Property subtype
Land
Listing Agency:
(574) 243-9522
Listed By:
John Piraccini
(574) 243-9522
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Jul 6
Last Checked: Apr 9 at 8:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Piraccini
Investment Insights
Based on property information with market context.
This 11-acre property presents an excellent development opportunity, situated in front of the Arbor Lakes Apartments complex. It features 1,000 feet of visible exposure on Toledo Rd and 530 feet of frontage on Pine Arbor Dr. The location offers convenient access to various parts of the region, positioned just off the U.S. 20 Bypass, which sees 24,000 cars daily, and CR 17, with 25,000 cars daily. Located within the Concord School District, the property is approximately 2 miles from a large industrial area that houses reputable businesses, including Thor Motor Coach, Siemens Healthcare, Godfrey Marine, Forest River, Lippert Components, Welch Packing, and Carpenter Co. It is also 4 miles from downtown Elkhart, 5.5 miles from the Indiana Toll Road Interchange, and 9 miles from Downtown Goshen. The U.S. 20 Bypass provides an easy route from Elkhart to South Bend and beyond. Furthermore, Goshen, IN, less than 15 miles away, is projected to complete a 315-acre industrial park southeast of the Elkhart County Fairgrounds by the end of 2025. The property is zoned R: Residential and has 479,160 sqft.
Key Highlights
- Excellent development opportunity on approx. 11 acres with high visibility (1,000 FT on Toledo Rd) and frontage (530 FT on Pine Arbor Dr).
- Located just off U.S. 20 Bypass and CR 17 with high daily traffic counts.
- Proximity to major industrial area (2 miles) with reputable businesses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 46516, IN
33,670
Population
14,137
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
17.5 sq mi
ZIP Area
1,924
Density / Sq Mi
$54,934
Median Household Income
$39,189
Median Earnings
$986
Median Rent
$150,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 11-acre development site with high visibility and frontage.
Where is this land located?
The property is located at 22538 Pine Arbor Drive Elkhart, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Excellent development opportunity on approx. 11 acres with high visibility (1,000 FT on Toledo Rd) and frontage (530 FT on Pine Arbor Dr).; Located just off U.S. 20 Bypass and CR 17 with high daily traffic counts.; Proximity to major industrial area (2 miles) with reputable businesses.
