Property profile

21835 In-120 Elkhart, IN 46516

OFF-MARKET
Land
1.93 ac lot
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Property summary

AI-generated overview

This exceptional 1.93-acre commercial property in Elkhart, Indiana, presents a remarkable investment opportunity. Located at 21835 IN-120, Elkhart, IN 46516, this B-2 zoned land offers a multitude of development possibilities. The property includes an existing house, although the sale is focused on the land's commercial potential. Its strategic location provides direct access to a public waterway to the north, making it particularly suitable for businesses such as marinas or those requiring water access. The B-2 zoning allows for a wide range of commercial uses, including convenience stores, liquor stores, medical supply stores, shopping centers, bars and restaurants, business offices, showrooms, pet stores, and photography studios, among many others. This versatile parcel is ideal for entrepreneurs and developers seeking a prime location in a thriving community. The asking price for this exceptional property is $330,000. With its excellent zoning, convenient location, and water access, this land presents a unique opportunity for significant return on investment. Don't miss out on this chance to acquire a highly desirable commercial property in Elkhart, Indiana. The property's coordinates are 41.7036522 latitude and -85.8875772 longitude.

Property profile

Verified
Property type Land
Lot 1.93 ac (84,071 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21835 In-120 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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