Commercial Land with US 20 Bypass
For Sale
$992,750
Parkway Avenue lot 17, Elkhart, IN 46516
LOTS AND LAND, Elkhart, IN
Property SizeContact for details
Lot Size3.61 Acres
Days on Market1525
Property Features for Parkway Avenue lot 17
General Information
Property type
Land
Property subtype
Other
Lot features
Level, Planned Unit Development, 3-5.9999
Elementary school
Heritage
Middle school
Northridge
High school
Northridge
Elementary school district
Middlebury Community Schools
Middle school district
Middlebury Community Schools
High school district
Middlebury Community Schools
Directions
US 20 Bypass to CR 17 exit or South on CR 17 from US 120
Subdivision
Elkhart County
Standard status
Active
APN
20-07-07-151-004.000-039
Lot size
3.61 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
PARKWAY AT 17 DPUD PHASE IV LOT 17 (TIF 151)
Tax Annual Amount
86
Legal Description
PARKWAY AT 17 DPUD PHASE IV LOT 17 (TIF 151)
Listing Agency:
Berkshire Hathaway HomeServices Elkhart
(574) 293-1010
Listed By:
Lori Snyder · License #RB14022203
(574) 849-5886
Added: Jun 19, 2022
Changed: Aug 20
Last Checked: Aug 21 at 3:06PM
MLS# 202224575
Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Pinecreek at 17 Development commercial land parcel in Elkhart, Indiana, offered as a shovel-ready, surveyed, and platted site. The lot size is 3.61 acres, with roads and on-site infrastructure in place, including signage. City water and city sewer service are included, with capacity identified as able to support up to 500 multi-family residential units.
The property is located on CR 17 with US 20 Bypass frontage and visibility. It is centrally located directly off the US 20 Bypass, approximately 2 miles south of US 120, and about 4 miles south of the I-80/90 toll road.
The site is zoned B-3 DPUD and positioned for planned mixed-use or hotel development as part of the Pinecreek development area.
The property is located on CR 17 with US 20 Bypass frontage and visibility. It is centrally located directly off the US 20 Bypass, approximately 2 miles south of US 120, and about 4 miles south of the I-80/90 toll road.
The site is zoned B-3 DPUD and positioned for planned mixed-use or hotel development as part of the Pinecreek development area.
Key Highlights
- 3.61‑acre shovel‑ready, surveyed, and platted parcel
- Zoned B‑3 DPUD
- US 20 Bypass frontage and visibility
Property Analytics
Property Profile
Current Use
Lease Details
500
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
213
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
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 - Shovel-ready commercial development land zoned B-3 DPUD with city water and city sewer off US 20 Bypass.
Where is this commercial land located?
The property is located at Parkway Avenue lot 17 Elkhart, IN.
What is the asking price?
The asking price for this property is $992,750.
What are key features of this property?
This property features: 3.61‑acre shovel‑ready, surveyed, and platted parcel; Zoned B‑3 DPUD; US 20 Bypass frontage and visibility
