65957 In-19 Wakarusa, IN 46573
This exceptional 1.1-acre parcel presents a prime commercial development opportunity in Wakarusa, Indiana. Located at 65957 IN-19, this B-3 zoned land offers significant potential for a variety of retail uses, including convenience stores, gas stations, and restaurants. The property's strategic location directly across from a BP gas station and McDonald's at the intersection of St Rd 19 and Waterford Street ensures high visibility and accessibility. Neighboring businesses include Dollar General and Horizon Transport, further highlighting the area's commercial vibrancy. The asking price is $175,000. This parcel is part of a larger potential acquisition. An adjacent car lot is available for purchase (MLS # 202439779), allowing for expansion to approximately 2.3 acres (including MLS # 202439784). This presents a unique chance to acquire a significant corner lot in a thriving commercial area. The property's high traffic count and proximity to established businesses make it an ideal location for a new development or expansion. Seize this opportunity to establish a strong presence in a rapidly growing market. The property is situated in Elkhart County, Indiana, with a zip code of 46573.
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
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.