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    County Rd 4 & County Rd 13 Elkhart, IN 46514

    Sponsored
    For Sale
    $2,450,000

    122 Acres, Toll Road Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 122.94-acre property in Elkhart County, Indiana, presents a remarkable development opportunity. Boasting over 3,900 feet of frontage on the Indiana Toll Road (I-80/90), this strategically located land offers unparalleled visibility and accessibility. Currently zoned agricultural with a short-term lease in place, the property is ideally situated for a variety of uses, including single-family residential, multi-family, commercial, light industrial, or mixed-use developments, subject to necessary rezoning. Its convenient location near downtown Elkhart, the Elkhart Municipal Airport, and the Michigan state line provides easy access to amenities, a skilled workforce, and a pro-growth business environment. The property's proximity to CR-13, CR-4, and CR-113 ensures excellent connectivity. This large parcel presents a unique chance to capitalize on Elkhart County's thriving economy and strategic location, offering significant potential for substantial returns. The asking price is $2,450,000.

    Property Features for 0 County Rd 4 & County Rd 13

    General Information

    Property type
    Farms
    Lot Size
    5,355,266 SF

    HighLights

    • High‑visibility location with excellent access, suitable for diverse commercial uses.
    • Prime location offering strong accessibility and high visibility for businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9275994
    Latitude
    41.7384739

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    FAQs

    What type of property is this?
    Farm - 122 Acres, Toll Road Frontage
    Where is this farm located?
    The property is located at County Rd 4 & County Rd 13 Elkhart, IN.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: High-visibility location with excellent access, suitable for diverse commercial uses.; Prime location offering strong accessibility and high visibility for businesses.;
    Request Owner's contact information
    County Rd 4 & County Rd 13 Elkhart, IN 46514
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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
    County Rd 4 & County Rd 13 Elkhart, IN 46514
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