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    Parkway Ave Elkhart, IN 46528

    For Sale
    $110,000

    Prime .57-acre commercial lot in Elkhart, IN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .57-acre commercial lot is situated in the thriving Tuscany Square development, one of six available lots. Located on Parkway Avenue in Elkhart, Indiana (zip code 46528), this property boasts a highly desirable location within the busy retail corridor of CR 17, an area experiencing significant growth with numerous new buildings currently under construction. The lot is zoned DPUD B-3, offering flexibility for a variety of commercial uses. Utilities are already connected to the site, and retention ponds are in place, simplifying development. This property presents a unique opportunity for businesses seeking high visibility and convenient access. The asking price is $110,000. Furthermore, this lot can be combined with two adjacent lots, totaling 1.68 acres, providing even greater development potential. This prime location offers excellent traffic exposure, making it ideal for professional office space or retail establishments. Don't miss this chance to secure a piece of Elkhart's burgeoning commercial landscape.

    Property Features for 0 Parkway Ave

    General Information

    Property type
    Land
    Lot Size
    24,829 SF

    HighLights

    • 0.57‑acre commercial lot in Elkhart, IN (46528).
    • Located in the Tuscany Square development on Parkway Avenue, within CR 17's busy retail corridor.
    • DPUD B‑3 zoning allows for flexible commercial uses.
    • Utilities are available, and retention ponds are in place.
    • Asking price: $110,000.
    • Combines with adjacent lots for a total of 1.68 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.885965
    Latitude
    41.6758698

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    FAQs

    What type of property is this?
    Land - Prime .57-acre commercial lot in Elkhart, IN.
    Where is this land located?
    The property is located at Parkway Ave Elkhart, IN.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: 0.57-acre commercial lot in Elkhart, IN (46528).; Located in the Tuscany Square development on Parkway Avenue, within CR 17's busy retail corridor.; DPUD B-3 zoning allows for flexible commercial uses.
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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
    Parkway Ave Elkhart, IN 46528
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