Restaurant Lot - Reagan #1

Vacant Land for Sale
Catylist Listing ID: 1181589
Property Subtypes: Retail-Pad
Gross Land Area: 2.56 Acres
Sale Price: $670,000
Unit Price: $261,718 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2019

Overview / Comments

The Elkhart East Business Community is a 1,400 acre master-planned development where people can work, shop, play and live. When completed, Elkhart East will be an innovative blend of state-of-the-art business infrastructure, services, and amenities carefully place in an accessible, efficient mixed-use development that will provide convenience to employers, customers, and residents.

The business community features sites for corporate office, commercial development, manufacturing/assembly, distribution/warehouse, large medical center, upscale hotels and restaurants, apartments, and senior living.

The development has recently experience the opening of the RV Museum and Conference Center.

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-03-19-300-013.000-030
Zoning: PUD
Market Type: Medium
Property Located Between: Indiana Toll Road & CR 17
Road Type: Highway Interchange
Property Visibility: Excellent
Largest Nearby Street: County Road 17
Feet of Frontage: 194
Transportation: Highway
Highway Access: The property is adjacent to the interchange of exit 96 of the Indiana Toll Road.
Area Description: The County Road 17 corridor, located on the eastern fringe of the City of Elkhart, is seeing very strong growth.
Lot Frontage: 194'
Lot Depth: 450'
Zoning Description: PUD
Development Name: Elkhart East
Topography: Level
Available Utilities: Electric, Water, Gas, Broadband

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,915 56,690 94,595
Median Age: 33.43 35.39 36.05
Households: 2,742 21,766 35,540


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