US 6 (Market St) VL

Vacant Land for Sale
Catylist Listing ID: 30376812
Property Subtypes: Office, Retail, Self Storage
Gross Land Area: 7.75 Acres
Sale Price: $1,896,500
Unit Price: $244,709 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2019

Overview / Comments

Retail/office land sites on commercial traffic corridor ranging from 1 to approximately 7.75 contiguous acres (can be subdivided) with sliding pricing from $175,000 to $295,000 per acre. The property is in TIF District 100. Municipal utilities are at the street. Great development opportunity near a signalized intersection of US 6 and S. Oakland Avenue (CR 7).

Attachments & Media

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-14-32-326-017.000-029;20-14-32-301-037.000-029;20-14-32-301-007.000-029;20-14-32-301-032.000-029;20-14-32-301-011.000-029;20-14-32-326-013.000-029
Zoning: I-1 AND B2
Area Description: Property is located at the southeast corner of US 6 (Market Street) and SR 7 (Oakland Avenue) on a high traffic commercial corridor with over 10,140 cars daily on US 6. The US 6 commercial corridor near the Subject Properties includes national fast food chains (KFC/Taco Bell, Arby’s, Dairy Queen, Pizza Hut); locally owned businesses and restaurants; 1st Source Bank, Interra Credit Union, Ace Hardware, Auto Zone, LJ Wagner Home Interiors, White Dove restaurant, CVS, Marathon, Phillips 66 and Speedway gas and convenience stores, Dollar General. Nappanee is located in the southern part of Elkhart County.
Zoning Description: I-1 and B2
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,842 10,564 12,524
Median Age: 36.98 33 32.29
Households: 1,529 3,687 4,243


Photograph of Listing Agent

Ryan Gableman CCIM, SIOR

NAI Cressy CPIX Member
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