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    4505 Ameritech Dr South Bend, IN 46628

    Sponsored
    For Lease
    $0.12 SF/Yr

    Prime 1.25-acre outlot, high visibility.

    Lot size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.25-acre commercial land outlot presents a unique investment opportunity in South Bend, Indiana. Located at the highly visible northwest corner of Brick Road and Ameritech Drive, this property is part of the newly constructed Carbonmill Plaza, a thriving multi-tenant center. The outlot offers excellent access to US 20/31 Bypass and I-80/90 Toll Road, ensuring high traffic counts and strong visibility. The site benefits from its proximity to Blackthorn Corporate Office Park and several industrial/business parks, providing a substantial daytime population. Carbonmill Plaza itself boasts 9,000 square feet of existing commercial space, occupied by established businesses including Brunos Pizza, El Arriero Mexican Restaurant, Grid Iron Wine & Spirits, Low Bobs Express, and Taco Bell. The plaza features ample shared parking and municipal utilities. The property is zoned CB Community Business and has a total land area of 1.25 acres (54,450 square feet). This location is situated in a high-growth residential area within St. Joseph County, offering significant potential for future development. While there are restrictions on proposed uses for outlots, this prime location offers unparalleled potential for a variety of commercial ventures. The APN is 71-03-18-400-012.000-009. The address is 4505 Ameritech Drive, South Bend, IN 46628.

    Property Features for 4505 Ameritech Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,000 SF
    Total Rate
    90

    Unit(s) available at that property

    Space
    Entire Property
    Size
    54,450 SF
    Rate per SF
    $0.12

    HighLights

    • 2,000‑20,000 SF of leasable space available.
    • Abundant shared parking, high visibility, and strong traffic counts.
    • Five‑acre site with municipal utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chivo's Pizza Pizza Takeout El Arriero Mexican Restaurant Low Bob's Express Tobacco Shop Low Bob's Discount ... Tobacco Shop CoinFlip Bitcoin ATM Money Transfer Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

    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
    -86.3360521
    Latitude
    41.7387406

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    FAQs

    What type of property is this?
    Land - Prime 1.25-acre outlot, high visibility.
    Where is this land located?
    The property is located at 4505 Ameritech Dr South Bend, IN.
    What is the lease rate?
    The lease rate is $0.12 SF/Yr.
    What are key features of this property?
    This property features: 2,000-20,000 SF of leasable space available.; Abundant shared parking, high visibility, and strong traffic counts.; Five-acre site with municipal utilities.
    Request Owner's contact information
    4505 Ameritech Dr South Bend, IN 46628
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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
    4505 Ameritech Dr South Bend, IN 46628
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