8 Parkway Ave, Elkhart, IN 46516
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.