Property profile

69098 Elkhart Rd Edwardsburg, MI 49112

OFF-MARKET
Commercial real estate
Property ID
US43-2669780
0.36 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.17-acre parcel in Edwardsburg, Michigan, presents a remarkable opportunity for astute investors and entrepreneurs. Located at 69098 Elkhart, the property is zoned commercial, unlocking a wide array of potential uses. The expansive acreage offers significant flexibility for development, catering to a diverse range of business ventures. Whether you envision a retail establishment, a light industrial facility, or a mixed-use development, this site provides the ideal foundation for success. Its strategic location within Edwardsburg offers convenient access to major transportation routes, ensuring excellent connectivity for both employees and customers. The property's zoning designation ensures a streamlined permitting process, minimizing potential delays and maximizing efficiency. This is a rare chance to acquire a substantial commercial property in a thriving Michigan community. The asking price of $399,900 represents exceptional value for a site with such high development potential and prime location. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment opportunity. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke development tailored to specific business needs. This blank canvas presents a unique chance to build a lasting legacy in a vibrant and growing market. Don't miss this chance to acquire a piece of Edwardsburg's commercial future.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.36 ac (15,682 SF)
APN 14-091-100-133-01
UPID US43-2669780

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
  • Accounting Firm Tax Preparation

Location

69098 Elkhart Rd Edwardsburg, MI 49112-8407
Edwardsburg metro Census 1802 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2022
Price N/A
2016
Price N/A
2012
$110,000
2009
$115,000

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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