21835 In-120, Elkhart, IN 46516
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.