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    1.73 Ac Outlot Sr 19 Hwy South Bend, IN 46628

    For Sale
    $359,000

    1.73-acre industrial outlot, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.73-acre industrial land parcel presents a unique investment opportunity in Elkhart, Indiana. Located on SR 19 Highway, this 75,359 square foot outlot offers unparalleled accessibility and visibility. The property is zoned for industrial use, making it ideal for a variety of development projects. Its strategic location within the Elkhart community provides easy access to major transportation routes, ensuring seamless logistics and distribution. The asking price for this prime piece of real estate is $359,000. This represents a significant opportunity to acquire a substantial land holding in a thriving industrial area. The property's size and location make it suitable for a wide range of industrial uses, from warehousing and distribution to light manufacturing. Given its proximity to key transportation arteries and the established Elkhart Community Schools, this outlot offers a compelling combination of location advantages and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is located in Elkhart, Indiana, zip code 46628, within Elkhart County. The coordinates are 41.7217136 latitude and -86.317392 longitude.

    Property Features for 0 1.73 Ac Outlot Sr 19 Hwy

    General Information

    Property type
    Land

    HighLights

    • 1.73‑acre industrial land parcel in Elkhart, IN, on SR 19 Highway.
    • 75,359 square foot outlot with excellent visibility and accessibility.
    • Zoned for industrial use, ideal for warehousing, distribution, or light manufacturing.
    • $359,000 asking price.
    • Prime location offering easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Bend
    County
    ELKHART
    State
    Indiana
    Longitude
    -86.317392
    Latitude
    41.7217136

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    FAQs

    What type of property is this?
    Land - 1.73-acre industrial outlot, excellent location.
    Where is this land located?
    The property is located at 1.73 Ac Outlot Sr 19 Hwy South Bend, IN.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: 1.73-acre industrial land parcel in Elkhart, IN, on SR 19 Highway.; 75,359 square foot outlot with excellent visibility and accessibility.; Zoned for industrial use, ideal for warehousing, distribution, or light manufacturing.
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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
    1.73 Ac Outlot Sr 19 Hwy South Bend, IN 46628
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