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Commercial Development Opportunity on CR 6
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516 Co Rd 6, Elkhart, IN 46514

3.13 acres B2 Zoning in a TIF district.

Property Size5,367 SF
Lot Size3.13 Acres
Price / SF$409.91
Days on Market610

Property Features for 516 Co Rd 6

General Information

Standard status Active
Size 5,367 SF
Lot size 3.13 Acres
Property subtype Retail
Zoning ZO01

Building Details

Year Built 1977
Listing Agency: Berkshire Hathaway HomeServices Northern Indiana Real Estate
Listed By: Lori Snyder · License #IN RB14022203
Source: Crexi
Added: Dec 10, 2024 Changed: Aug 8 Last Checked: May 13 at 8:09PM

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 Berkshire Hathaway HomeServices Northern Indiana Real Estate

Investment Insights

Based on property information with market context.

This commercial development opportunity is located in the CR 6 and St Road 19 (Cassopolis) Corridor. The property features 3.13 acres with B2 zoning and is located in a TIF district. The location sees over 22,000 cars daily. Adjacent to a McDonalds and Marathon Station, the property includes two structures: a 5,367 square foot block building and a residential structure. Vacant land is situated to the north and west of the property. The site offers approximately 726 feet of frontage on CR 6 and is 317 feet deep. The property includes a vacant lot, a lot with a clinic, and a house to the east, covering addresses 516 and 600 CR 6. The current tenant is expected to vacate by February 2025.

Key Highlights

  • Prime Commercial Development Opportunity: 3.13 acres with B2 Zoning in a TIF district.
  • High Traffic Location:** Over 22,000 cars per day on CR 6 and St Road 19.
  • Excellent Frontage: Approximately 726' on CR 6.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 46514, IN

42,048
Population
17,987
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
38.7 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,784
Median Household Income
$40,909
Median Earnings
$1,084
Median Rent
$170,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 3.13 acres B2 Zoning in a TIF district.
Where is this commercial land located?
The property is located at 516 Co Rd 6 Elkhart, IN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime Commercial Development Opportunity: **3.13 acres with B2 Zoning in a TIF district.**; High Traffic Location:** Over 22,000 cars per day on CR 6 and St Road 19.; Excellent Frontage: Approximately 726' on CR 6.
(574) 849-5886 Call to check price and availability
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