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Property profile & analytics
FOR SALE
Commercial real estate

10181 Mckinley Hwy Osceola, IN 46561

2.85 ac lot
Property ID
US31-2193770
10181 Mckinley Hwy, Osceola, IN 46561 For Sale
$390,000
10181 Mckinley Hwy, Osceola, IN 46561
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Property summary
AI-generated overview

This exceptional 2.85-acre parcel presents a compelling investment opportunity in Osceola, Indiana. Located at 10181 McKinley Highway, this R-1 zoned property boasts 88 feet of frontage on a major thoroughfare connecting Elkhart, Mishawaka, and South Bend. The high-traffic location, with over 17,000 vehicles daily, offers significant development potential. Currently featuring a 2,592 square foot single-family residence and a detached 672 square foot garage, the property provides immediate income potential or redevelopment options. The site is served by a private well and septic system. Its proximity to Penn High School, Schmucker Middle School, AM General, and Bittersweet Road further enhances its desirability. Convenient access to I-80/90 Toll Road and US 20/31 Bypass adds to its strategic location. An adjacent 2.39-acre parcel is also available for purchase separately, offering expansion possibilities. The property's APN is 71-10-04-276-002.000-031. This is a rare chance to acquire a substantial land holding in a prime location with excellent development potential. The asking price is $399,000.

Property profile
Verified
Property type Commercial real estate
Lot 2.85 ac (124,146 SF)
APN 71-10-04-276-002.000-031
UPID US31-2193770
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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