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    5505 Grape Rd Mishawaka, IN 46545

    For Sale
    $1,825,000

    Adaptable 15,000 SF building in high-traffic commercial corridor.

    Property size:
    15,000 SF
    Lot size:
    1.73 Acres

    Property Features for 5505 Grape Rd

    General Information

    Size
    15,000 SF
    Lot size
    1.73 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Edward (Ed) F Bradley

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

    Overview

    Adaptable Building in High-Traffic Area

    This 15,000 square foot building is located on a high-traffic commercial corridor with over 24,000 cars daily on Grape Road. Currently operating as a climbing gym, the building is adaptable for other uses. It is situated in one of the strongest demographic trade areas in the region. Adjacent properties are available for redevelopment, presenting a development opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apex Climbing Gym Rock Climbing Gym

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.189171
    Latitude
    41.71045

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    FAQs

    What type of property is this?
    Retail property - Adaptable 15,000 SF building in high-traffic commercial corridor.
    Where is this retail property located?
    The property is located at 5505 Grape Rd Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - High-traffic location: Over 24,000 cars daily on Grape Road.; - Adaptable building: Suitable for various uses beyond a climbing gym.; - Strong demographic trade area.
    (574) 485-1538
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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
    5505 Grape Rd Mishawaka, IN 46545
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