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    52423 Portage Rd South Bend, IN 46628

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    For Sale
    $899,000

    Land available for commercial and multifamily development in South Bend.

    Lot size:
    7.83 Acres

    Property Features for 52423 Portage Rd

    General Information

    Lot size
    7.83 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Shawn Todd

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

    Overview

    South Bend Development Opportunity

    This property presents an excellent development opportunity in South Bend's northwest side. The site comprises three combined parcels with both commercial and multifamily zoning. Utilities are available on Portage Road. Its location offers convenient access to I-80/90 and the US 31/20 Bypass. The property is situated near existing retail developments, including Meijer, Chic Fil-a, and Hacienda.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    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
    -86.292655
    Latitude
    41.731068

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    FAQs

    What type of property is this?
    Land - Land available for commercial and multifamily development in South Bend.
    Where is this land located?
    The property is located at 52423 Portage Rd South Bend, IN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Excellent location for development in South Bend's NW area.; - Combined 3 parcels with commercial and multifamily zoning.; - Proximity to I-80/90 and US 31/20 Bypass.
    (574) 485-1520
    Request Owner's contact information
    52423 Portage 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
    52423 Portage Rd South Bend, IN 46628
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