Property profile

8 Parkway Ave Elkhart, IN 46516

OFF-MARKET
Land
12.75 ac lot
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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

Location

8 Parkway Ave Elkhart, IN 46516
Elkhart metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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