1204 Nappanee St Elkhart, IN 46514
- Commercial land
- 1,820 SF
- 0.93 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1204 Nappanee St
- Year built
- 2002
- Construction
- CONCRETE
- Lot size
- 0.93 lot acres
- Property size
- 1,820 SF
- Zone code
- ZO01
- Property type
- Commercial land
- APN
- 20-02-31-306-031.000-027
- APU
- 200231306031000027
Description
This 0.94-acre commercial land parcel is ideally situated on Nappanee Street in Elkhart, Indiana, a bustling retail corridor within Elkhart County. The property's prime location offers exceptional visibility and accessibility, benefiting from high daily traffic counts. Its strategic placement near established businesses like Casey's General Store, Jiffy Lube, and CVS Pharmacy ensures strong consumer traffic and brand synergy. The surrounding area is a thriving retail destination, providing a robust and established commercial environment. This presents a unique opportunity for investors and developers seeking a high-impact location to establish a new business or expand an existing one. The property is conveniently located within Elkhart, offering easy access to major transportation routes and a strong local economy. Elkhart's strategic position, approximately 10 miles north of Goshen, 15 miles west of South Bend, 115 miles southeast of Chicago, and 150 miles north of Indianapolis, further enhances its appeal and accessibility. The asking price for this exceptional commercial land parcel is $275,000. This represents a significant investment opportunity in a high-demand retail area. The property is offered as an equity investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elkhart
- County
- Elkhart
- State
- Indiana
- Longitude
- -86.0029
- Latitude
- 41.6992
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
