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3621 S Nappanee St Elkhart, IN 46517

Commercial land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US31-3203644

Property summary

AI-generated overview

This 6.52-acre property sits at the busy intersection of State Road 19 and Charlotte Avenue (CR-24), with an impressive daily traffic count of 25,949 vehicles. Featuring 700± feet of frontage on State Road 19 and 400± feet on Charlotte Avenue, it offers excellent visibility. Located just seconds from the US 20 Bypass entrance, this land combines easy access with high exposure. It’s also flexible, with subdivision options ranging from 2 acres up to 6.52 acres, pending survey and approvals. Position your business for success in this high-traffic, signalized intersection location. Located on the south side of Elkhart, this property sits at the high-traffic corner of State Road 19 and Charlotte Avenue (CR-24), just seconds from the US 20 Bypass entrance. The area sees a daily traffic count of 25,949 cars on State Road 19 at Charlotte, with excellent visibility thanks to its 700± feet of frontage on State Road 19 and 400± feet on Charlotte Avenue. The site is further enhanced by a signalized intersection, making it a prime location for business.

Property profile

Verified
Property type Commercial land
UPID US31-3203644

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shipping Company Freight Service
  • Shipping Company Freight Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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