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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

65957 In-19 Wakarusa, IN 46573

1.1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.1 ac (47,916 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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