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Divisible Commercial Land

53438 Olive Road, South Bend, IN 46628

For Sale
$6,300,000

A multi-parcel site with water and sewer available at the road and seller cooperation on rezoning.

Property SizeContact for details
Days on Market21

Property Features for 53438 Olive Road

General Information

Standard status Active
Property subtype Commercial Lots & Land
Listing Agency: Irish Realty
Listed By: Steve Cooreman · License #RB14012612
Source: Castleonerealty
Added: Oct 20 Changed: Nov 7 Last Checked: Nov 8 at 1:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Irish Realty

Rey
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Investment Insights

Based on property information with market context.

Five adjoining parcels comprise 85.5 acres of commercial land in South Bend. The property can be divided, and water and sewer are present at the road. The seller is willing to work with a buyer on rezoning and can pursue a build-to-suit arrangement with a leaseback.

US-31 Bypass runs alongside the site, with the 80/90 Toll Road interchange, Nimtz Parkway, the Michigan state line, and South Bend International Airport nearby. Light industrial, manufacturing, and logistics-oriented businesses are part of the surrounding area.

Key Highlights

  • Five‑parcel assemblage totaling 85.5 acres
  • Site can be divided
  • Water and sewer at the road

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Kitchen & Bath Showroom Building Supply Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 46628, IN

27,011
Population
12,266
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
92%
High-School Grad
34.2 sq mi
ZIP Area
790
Density / Sq Mi
$56,889
Median Household Income
$37,423
Median Earnings
$1,068
Median Rent
$164,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in South Bend

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - A multi-parcel site with water and sewer available at the road and seller cooperation on rezoning.
Where is this commercial land located?
The property is located at 53438 Olive Road South Bend, IN.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: Five‑parcel assemblage totaling 85.5 acres; Site can be divided; Water and sewer at the road
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