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VL Filbert Road at Catalpa, Mishawaka, IN 46545

10 acres ideal for multi-family, assisted living, mixed-use.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market733

Property Features for VL Filbert Road at Catalpa

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Land
Zoning R-Residential
Listing Agency: NAI Cressy - Mishawaka
Listed By: Corey Cressy · License #IN RB14026100
Source: Crexi
Added: Aug 6, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:02AM

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 NAI Cressy - Mishawaka

Investment Insights

Based on property information with market context.

This 10-acre property is located on the west side of Filbert Road, south of Park Place, in Mishawaka, Indiana. Catalpa dead ends into the west side of the property, offering the potential for the road to extend through to Filbert Road. The property is currently zoned R-Residential, and the owner is willing to assist with rezoning efforts. The location provides easy access to surrounding communities via the I-80/90 Indiana Toll Road, the Capital Avenue extension (SR 331), Beacon Parkway, and the US 20/31 Bypass. It is ideally suited for multi-family housing, villas, assisted living facilities, or mixed-use office/medical developments. The property is near the Saint Joseph Health System campus, Edison Lakes Medical Center, Cancer Center Partners, Unity Medical & Surgical Hospital, Grossnickle Eye Center, and the Main Street medical complex. The surrounding area features strong demographics and a high demand, making it one of the state’s largest retail trade areas, complemented by amenities and services such as hotels, restaurants, conference centers, and office services.

Key Highlights

  • 10 acres ideal for multi‑family, villa, assisted living, mixed‑use office/medical development.
  • Strategic location with easy access to I‑80/90, SR 331, Beacon Parkway, and US 20/31 Bypass.
  • Close proximity to Saint Joseph Health System campus and Edison Lakes Medical Center.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 46545, IN

26,312
Population
13,046
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
1,438
Density / Sq Mi
$55,889
Median Household Income
$36,999
Median Earnings
$986
Median Rent
$174,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 10 acres ideal for multi-family, assisted living, mixed-use.
Where is this commercial land located?
The property is located at VL Filbert Road at Catalpa Mishawaka, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 10 acres ideal for multi‑family, villa, assisted living, mixed‑use office/medical development.; Strategic location with easy access to I‑80/90, SR 331, Beacon Parkway, and US 20/31 Bypass.; Close proximity to Saint Joseph Health System campus and Edison Lakes Medical Center.
(574) 344-9588 Call to check price and availability
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