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Property profile & analytics
OFF-MARKET
Land

0 Emerson Dr Elkhart, IN 46514

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial land parcel presents a remarkable development opportunity in the thriving Elkhart, Indiana market. Located at the address of Emerson Dr, Elkhart, IN 46514, this property boasts a prime location, zoned PUD (Planned Unit Development), offering significant flexibility for a variety of commercial projects. The lot, approximately 225 feet by 125 feet (exact dimensions to be verified by survey upon purchase, should the buyer request a more precise measurement), is ideally situated behind Arby's on Cassopolis Street and across Emerson Street from the AMC Theater. This high-traffic area benefits from exceptional visibility and accessibility, surrounded by a robust mix of established businesses and new developments. Nearby retail anchors include a new Meijer and Chick-fil-A, ensuring a strong customer base and high foot traffic. The property's proximity to the Highland Apartments further enhances its appeal, providing a built-in residential market. This is a rare chance to acquire a strategically positioned commercial lot in a rapidly growing area, making it an ideal investment for developers seeking a high-return opportunity. The asking price for this exceptional property is $450,000. Don't miss this chance to secure your place in Elkhart's vibrant commercial landscape.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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