Commercial Land with Bypass
For Sale
$3,175,000
Parkway Avenue lot 8, Elkhart, IN 46516
LOTS AND LAND, Elkhart, IN
Property SizeContact for details
Lot Size12.75 Acres
Days on Market1527
Property Features for Parkway Avenue lot 8
General Information
Property type
Land
Property subtype
Other
Lot features
Cul-De-Sac, Irregular, 10-14.999
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
Intersection of US 20 Bypass and County Road 17
Subdivision
Elkhart County
Standard status
Active
APN
20-07-07-351-003.000-039
Lot size
12.75 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
PARKWAY AT 17 DPUD - PHASE III LOT 8; (TIF 151)
Tax Annual Amount
550
Legal Description
PARKWAY AT 17 DPUD - PHASE III LOT 8; (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 22
Last Checked: Aug 23 at 4:06PM
MLS# 202224561
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.
This 12.75-acre commercial land tract is part of the Pinecreek at 17 Development in Elkhart. The property has been surveyed and platted, with roads, city water, and city sewer already installed. The sewer system can accommodate up to 500 multifamily residential units, and signage is in place.
The site offers frontage and visibility along the US 20 Bypass and CR 17. It is positioned directly off the US 20 Bypass, 2 miles south of US 120 and 4 miles south of the I 80/90 toll road. The source information identifies residential, mixed-use, and hotel development as potential applications for the development land.
The site offers frontage and visibility along the US 20 Bypass and CR 17. It is positioned directly off the US 20 Bypass, 2 miles south of US 120 and 4 miles south of the I 80/90 toll road. The source information identifies residential, mixed-use, and hotel development as potential applications for the development land.
Key Highlights
- 12.75 acres of commercial development land
- Surveyed and platted site within Pinecreek at 17 Development
- Roads, city water, and city sewer in place
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
202
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Surveyed commercial land with roads, city water, and city sewer already in place.
Where is this commercial land located?
The property is located at Parkway Avenue lot 8 Elkhart, IN.
What is the asking price?
The asking price for this property is $3,175,000.
What are key features of this property?
This property features: 12.75 acres of commercial development land; Surveyed and platted site within Pinecreek at 17 Development; Roads, city water, and city sewer in place
