Property summary
This exceptional 1.6-acre commercial land parcel presents a prime investment opportunity in Elkhart, Indiana. Located at the highly visible corner of Mishawaka Road and Concord Mall Drive, this B-4 Regional Business District zoned property boasts a strategic location just west of US 33, offering unparalleled access and visibility. The site is situated a short distance from a newly opened Martin's Supermarket, ensuring high traffic counts and strong consumer presence. Its proximity to the recently acquired Concord Mall and established residential neighborhoods creates a diverse and attractive market. The property is ideally suited for a variety of commercial uses, including service retail, office, or medical facilities. All essential utilities, including water and sewer, are readily available, simplifying development plans. The asking price is $240,000, representing a land value of $150,000 per acre. The parcel's APN is 20-06-22-451-003.000-011. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential in a thriving Indiana community. Don't miss this chance to secure a valuable asset in a high-demand location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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