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    52931 Primrose Rd South Bend, IN 46628

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    For Sale
    $4,245,300

    94.3 acre tract ideal for development near major routes.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    94.3 Acre Development Opportunity

    This 94.3-acre tract of land is located south of Augustine Lake Estates, presenting a development opportunity. Situated between the US-31 Bypass and Hwy 20, and less than 10 minutes from the Michigan/Indiana state line, the location provides access to highways. It is located 20 minutes from Notre Dame. The property has access to city water and sewer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Accounting Firm Hotel & Motel Furniture Store Garden Center Shopping Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.373151
    Latitude
    41.727112

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    FAQs

    What type of property is this?
    Land - 94.3 acre tract ideal for development near major routes.
    Where is this land located?
    The property is located at 52931 Primrose Rd South Bend, IN.
    What is the asking price?
    The asking price for this property is $4,245,300.
    What are key features of this property?
    This property features: - 94.3 Acre Tract of Land, ideal for developer/builder; - Access to City Water and Sewer; - Located Between US-31 Bypass and Hwy 20
    Request Owner's contact information
    52931 Primrose Rd South Bend, IN 46628
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    South Bend, IN 46628
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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
    52931 Primrose Rd South Bend, IN 46628
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