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    OFF-MARKET
    Land

    7A Parkway Ave, Elkhart, IN 46516

    8.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.25-acre parcel, located at 7A Parkway Avenue in Elkhart, Indiana, presents a prime opportunity for residential or mixed-use development. The property, identified by APN 20-07-07-351-002.000-039, boasts a substantial lot size of 359,370 square feet and is conveniently situated in Elkhart County, zip code 46516 (latitude 41.6758525, longitude -85.8859598). This "shovel-ready" site offers significant advantages to developers, eliminating lengthy pre-development hurdles. Existing infrastructure includes readily accessible roads, city water, and city sewer connections, minimizing upfront infrastructure costs and expediting the project timeline. The asking price for this exceptional development opportunity is $2,351,250. Its prime location and comprehensive utilities make it an ideal site for a variety of residential projects, potentially including single-family homes, townhouses, or a mixed-use development incorporating residential and commercial components. The property's size and location within Elkhart offer substantial potential for a high-return investment. This is a rare opportunity to acquire a fully serviced, large-scale development parcel in a desirable Indiana location. Interested parties should conduct their own due diligence.

    Property profile
    Verified
    Property type Land
    Lot 8.25 ac (359,370 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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