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    823 E Jefferson Blvd South Bend, IN 46601

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    For Sale
    $3,000,000

    3.15-acre city block in downtown South Bend, Indiana.

    Lot size:
    3.15 Acres

    Property Features for 823 E Jefferson Blvd

    General Information

    Lot size
    3.15 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Andrew Follman

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

    Overview

    Downtown South Bend Redevelopment Opportunity

    This is a rare 3.15-acre city block redevelopment opportunity located in downtown South Bend, Indiana. The property is zoned for Neighborhood Center and Urban 2 redevelopment, offering significant potential for various uses. The site is divisible and currently features a 6,572-square-foot Everwise Credit Union bank building. The property is positioned within a TIF district, an Opportunity Zone, and within the Riverfront Development District Expansion area. Situated just east of downtown South Bend, it is approximately 0.9 miles south of the University of Notre Dame. The location offers excellent access to amenities within walking and biking distance.
    Insight Report Location Intelligence

    Current Use by Public Records

    Everwise - Drive-Up ATM/ITM Atm

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -86.238759
    Latitude
    41.675507

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    FAQs

    What type of property is this?
    Land - 3.15-acre city block in downtown South Bend, Indiana.
    Where is this land located?
    The property is located at 823 E Jefferson Blvd South Bend, IN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Rare 3.15-acre city block redevelopment opportunity in downtown South Bend.; - Zoned for Neighborhood Center and Urban 2 redevelopment, offering significant potential for various uses.; - Located within a TIF district, an Opportunity Zone, and the Riverfront Development District Expansion area.
    (317) 566-5614
    Request Owner's contact information
    823 E Jefferson Blvd South Bend, IN 46601
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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
    823 E Jefferson Blvd South Bend, IN 46601
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