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    500 Commerce Dr Lakeville, IN 46536

    For Lease
    $5,000 /Mo ($4 SF/Yr)

    Mixed Use - Lakeville, IN

    Type:Mixed Use
    Property size:
    12,100 SF
    Lot size:
    2.30 Acres
    Days on Market:
    340
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 500 Commerce Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    71-13-34-277-002.000-028
    Parking
    25
    Interior features
    Drywall, Unfinished, 110 Volts, 220 Volts, Three Phase, Dock Leveler, Overhead Door 1, Overhead Door 2, Office Space, Ventilating/Exhaust Fans
    Size
    12,100 SF
    Lot size
    2.30 Acres

    Taxes and HOA fees

    Expense value
    10000
    Expense
    Security Deposit

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Laminate
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Results (574) 269-6911 [email protected]

    Listing agent Anna Gilsinger (574) 269-6911 License #RB15001631

    Listing date Jan 9, 2025

    MLS# 202500805 Listing URL

    Copyright © 2025 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Warehouse Space

    This mixed-use building in Lakeville, Indiana, offers a combination of warehouse and office space. The property features a large gravel parking lot to the south and a paved parking area for the office section. It provides convenient access to local highways. The building includes two warehouse areas totaling over 10,400 square feet, along with an attached office area. The office space comprises three offices, an ADA-compliant bathroom, a lunch area, and ample storage. The warehouses are equipped with new overhead doors, a separate bathroom, three-phase electric power, two loading docks (one with a leveler), and a sprinkler system. The ceilings in the warehouse areas are 12 feet high, with 11-foot doors. The property sits on a 2.3-acre lot. The building is suitable for various business purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Kitchen & Bath Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.276452
    Latitude
    41.528933

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    • $14 SF/Yr
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      Retail Space in Lakeville

      1320 sq ft retail suite with excellent visibility.
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    • $14 SF/Yr
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      Lakeville Retail Space Available

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with warehouse and office space for lease.
    Where is this mixed-use property located?
    The property is located at 500 Commerce Dr Lakeville, IN.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Two warehouse areas totaling over 10,400 square feet.; - Expansive gravel parking lot and paved parking for office area.; - Great access to local highways.
    (574) 269-6911
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    500 Commerce Dr Lakeville, IN 46536
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    Lakeville, IN 46536
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Commerce Dr Lakeville, IN 46536
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