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    54533 Terrace Ln South Bend, IN 46635

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    For Lease
    $2,100 /Mo ($22 SF/Yr)

    Highly visible corner location, refurbished space, accessible parking.

    Property size:
    1,100 SF
    Lot size:
    0.56 Acres

    Property Features for 54533 Terrace Ln

    General Information

    Size
    1,100 SF
    Lot size
    0.56 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

    Refurbished Corner Retail/Office Space

    This property offers 1,100 square feet of space available for lease. The space is newly refurbished and features a wide-open layout, suitable for either office or retail use. The property benefits from a highly visible corner location, offering excellent exposure. Exterior signage is available. Drive-up parking provides easy accessibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Boost Mobile Cell Phone Store Advanced Inc General Contractor Abbie's Jewell Nails ... Barber Shop Royal Plaza 23 Shopping Mall Amore Hair Design ... Hair Salon

    Suggested Use

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

    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
    -86.215493
    Latitude
    41.701149

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    FAQs

    What type of property is this?
    Retail space - Highly visible corner location, refurbished space, accessible parking.
    Where is this retail space located?
    The property is located at 54533 Terrace Ln South Bend, IN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible corner location.; - Newly refurbished wide open space.; - 1,100 SF suitable for office or retail.
    (574) 485-1538
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    54533 Terrace Ln South Bend, IN 46635
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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
    54533 Terrace Ln South Bend, IN 46635
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