1500 Bristol StElkhart, IN 46514

  • Industrial properties
  • 5,040 SF
For Sale
$895,000 View listing

Property Details for 1500 Bristol St

Year built
1960
Construction
TYPE NOT SPECIFIED
Lot size
4.56 AC
Property size (Sq ft)
5,040 SF
Zone code
ZO01
Property type
Industrial properties
Property subtype
Other warehouses
APN
20-02-31-177-031.000-026
APU
200231177031000026

Description

This exceptional 4.56-acre commercial land parcel presents a unique investment opportunity in Elkhart, Indiana. Located at 1500 W Bristol Street (State Road 19), this property boasts approximately 456 feet of high-visibility frontage, ensuring maximum exposure for any future development. The land is zoned B-3, offering a wide range of potential uses within the city limits. Utilities are readily available, simplifying the development process. The parcel's size and location make it ideal for a variety of commercial ventures. While any existing structures on the property have no assessed value, the significant acreage and prime location offer substantial potential for return on investment. The property's APN is 20-02-31-177-031.000-026, and the asking price is $895,000, translating to approximately $196,271.93 per acre. This represents a compelling opportunity to acquire a substantial commercial land holding in a thriving Indiana market. The 4.56 acres are considered net usable acres. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,085,013
    Hospitality
    $993,866
    Educational
    $826,885
    Medical
    $855,323
    Retail
    $1,286,266
1500 Bristol St, Elkhart, Indiana
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Location Insight

City
Elkhart
County
Elkhart
State
Indiana
Latitude
41.7032
Longitude
-85.9972
CBSA code
21140
CBSA name
ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,604
$77,800
$129,200
$207,000
-
$77,800
$129,200
$207,000

FAQs

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