13 County Rd 4 & County Rd Elkhart, IN 46514
This exceptional 122.94-acre property in Elkhart County, Indiana, presents a remarkable development opportunity. Boasting over 3,900 feet of frontage on the Indiana Toll Road (I-80/90), this strategically located land offers unparalleled visibility and accessibility. Currently zoned agricultural with a short-term lease in place, the property is ideally situated for a variety of uses, including single-family residential, multi-family, commercial, light industrial, or mixed-use developments, subject to necessary rezoning. Its convenient location near downtown Elkhart, the Elkhart Municipal Airport, and the Michigan state line provides easy access to amenities, a skilled workforce, and a pro-growth business environment. The property's proximity to CR-13, CR-4, and CR-113 ensures excellent connectivity. This large parcel presents a unique chance to capitalize on Elkhart County's thriving economy and strategic location, offering significant potential for substantial returns. The asking price is $2,450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.