22538 Pine Arbor Dr, Elkhart, IN 46516
For Sale
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Excellent development opportunity on approx. 11 acres sitting out front of the Arbor Lakes Apartments complex 1,000 ft of visible exposure on Toledo Rd. (9,000 cars daily) and 530 ft of frontage on Pine Arbor Dr. Located just off of the U.S. 20 Bypass (24,000 cars daily) and CR 17 (25,000 cars daily, INDOT Traffic Counts) in the Concord School District, the property’s location makes access to many parts of the region easy. Property is 2 miles from a large industrial area that includes highly reputable businesses including Thor Motor Coach, Siemens Healthcare, Godfrey Marine, Forest River, Lippert Components, Welch Packaging and Carpenter Co. Also, only 3.5 miles from U.S. Highway 33 (over 20,000 cars daily), 4 miles to Downtown Elkhart, 5.5 miles to the Indiana Toll Road Interchange at CR 17, 7 miles to SR 19 (25,000 cars daily), 9 miles from Downtown Goshen, 15 miles from Downtown Mishawaka, and 20 miles from University of Notre Dame. Elkhart, IN is the RV Capital of the World and continues to thrive in the area of industry with Goshen, IN also being on a fast track of growth, as they prepare to build a 315 acre industrial park just southeast of the Elkhart County Fairgrounds to be completed by end of 2025. Zoned: Residential.
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Arbor Lakes Apartments Real Estate Agency
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Aadvantage Suites Vacation Rental
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Arbor Lakes management Office Corporate Office
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
Similar Nearby for Sale
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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.