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    OFF-MARKET
    Land

    8 Parkway Ave, Elkhart, IN 46516

    12.75 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12.75-acre parcel, located at Lot 8 Parkway Avenue in Elkhart, Indiana (zip code 46516), presents a unique opportunity for residential or mixed-use development. Priced at $3,175,000 ($249,019.61 per acre), this shovel-ready site boasts significant advantages. All necessary infrastructure is already in place, including roads, city water, and city sewer lines, minimizing upfront development costs and expediting the construction process. The property's convenient location within Elkhart County offers easy access to local amenities and transportation networks. The parcel identification number (APN) is 202224561. While specific zoning details, future land use designations, and zoning restrictions are not currently available, the property's prime location and existing infrastructure make it an attractive investment for developers seeking a streamlined project launch. This is a rare opportunity to acquire a substantial, fully serviced land parcel in a thriving Indiana community. Further information regarding the property's specifics can be obtained through the provided contact information.

    Property profile
    Verified
    Property type Land
    Lot 12.75 ac (555,390 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
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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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