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    59010 Magnolia Rd South Bend, IN 46614

    For Sale
    $661,323

    Land with utilities being installed near major transportation routes.

    Lot size:
    12.73 Acres

    Property Features for 59010 Magnolia Rd

    General Information

    Lot size
    12.73 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Roy Roelke

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

    Overview

    Land Near U.S. 20 Bypass

    This land is strategically located next to the U.S. 20 Bypass and State Road 23 Exit on the southwest side of South Bend, Indiana. Sewer and water are currently being installed to the site by the City of South Bend. The topography is level, which may help minimize site development costs. One exit to the south is the U.S. 31 Bypass to Indianapolis, with nearby exits to the north including the Indiana Toll Road (I80/90) and State Road 2, both leading to nearby Chicago. The site is strategically located for serving Northern Indiana and Southwestern Michigan, as well as the fourteen-state Great Lakes and Upper Midwest Region of the country.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hotel & Motel Kitchen & Bath Food Market Storage Facility HVAC Service Grocery 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
    -86.294893
    Latitude
    41.635442

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    FAQs

    What type of property is this?
    Land - Land with utilities being installed near major transportation routes.
    Where is this land located?
    The property is located at 59010 Magnolia Rd South Bend, IN.
    What is the asking price?
    The asking price for this property is $661,323.
    What are key features of this property?
    This property features: - Strategic location for serving Northern Indiana, Southwestern Michigan, and the Great Lakes/Upper Midwest Region.; - Direct proximity to U.S. 20 Bypass and State Road 23 Exit.; - Sewer and water being installed by the City of South Bend.
    (574) 485-1537
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    59010 Magnolia Rd South Bend, IN 46614
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    South Bend, IN 46614
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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
    59010 Magnolia Rd South Bend, IN 46614
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