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    59010 Magnolia Rd South Bend, IN 46614

    For Sale
    $661,323
    Added:
    Dec 11, 2024
    Days on Market:
    363

    Property Features for 59010 Magnolia Rd

    General Information

    Property type
    Land
    Lot Size
    554,519 SF

    HighLights

    • 12.73 acres of developable land with excellent US‑20 Bypass frontage in South Bend, IN.
    • Convenient access to US‑20 Bypass, SR 23, and major regional highways.
    • Level topography minimizes site development costs; city sewer and water installation underway.
    • Strategically located to serve Northern Indiana, Southwestern Michigan, and the Great Lakes region.
    • Situated in a rapidly developing commercial/light industrial area with heavy infrastructure and double‑lane highway exits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -86.2970007
    Latitude
    41.6355384

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    FAQs

    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: 12.73 acres of developable land with excellent US-20 Bypass frontage in South Bend, IN.; Convenient access to US-20 Bypass, SR 23, and major regional highways.; Level topography minimizes site development costs; city sewer and water installation underway.
    Request Owner's contact information
    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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