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    FOR SALE
    Commercial land

    22538 Pine Arbor Dr, Elkhart, IN 46516

    Property ID
    US31-0134066
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    UPID US31-0134066
    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
    Current use
    Occupant on record · Public records
    • Arbor Lakes Apartments Real Estate Agency
    • Aadvantage Suites Vacation Rental
    • Arbor Lakes management Office Corporate Office
    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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