Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    17 Parkway Ave, Elkhart, IN 46516

    3.61 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.61-acre commercial lot, located at Lot 17 Parkway Avenue in Elkhart, Indiana (zip code 46516), presents a unique investment opportunity. The property boasts over 330 feet of frontage on CR 17, making it ideally suited for a variety of commercial developments. Its B-3 DPUD zoning allows for diverse uses, including restaurants (with drive-through potential) and retail spaces. Imagine a restaurant occupying the prime frontage, with additional space at the rear for complementary retail businesses. This strategic location benefits from the proximity to a planned 253-unit apartment complex slated to begin construction in the fall of 2024, ensuring a robust and growing customer base. The lot offers significant square footage (157,252 square feet) and all utilities are already in place, making this a truly "shovel-ready" site. The property's APN is 20-07-07-151-004.000-039. This is one of the few remaining lots with CR 17 frontage, representing a rare chance to secure a prime location in a thriving Elkhart County market. The asking price for this exceptional property is $992,750. Don't miss this opportunity to capitalize on the growth potential of this highly desirable location.

    Property profile
    Verified
    Property type Land
    Lot 3.61 ac (157,252 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 17 Parkway Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message