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    Elm Bodnar Blvd Mishawaka, IN 46544

    Sponsored
    For Sale
    $4,964,700

    25 Acres, Mishawaka, IN - $4.9M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25.46-acre commercial land parcel presents a unique investment opportunity in Mishawaka, Indiana. Ideally situated on Elm Bodnar Blvd, less than a minute from the Elm Road exit off US 20 Bypass, this property is conveniently located for optimal accessibility. The site comprises seven contiguous parcels, totaling 25.46 acres, and is zoned PUD (Planned Unit Development), offering flexibility for a variety of development projects. Municipal utilities are readily available. Individual lot sizes vary, with Lot 1 encompassing 10.57 acres at 60341 Bodnar Blvd, Lot 2 at 60340 Bodnar Blvd (5.1 acres), Lot 3 at 60250 Bodnar Blvd (5.03 acres), Lot 4 at 60331 Elm Rd (1.19 acres), Lot 5 at 60301 Elm Rd (1.19 acres), Lot 6 at 60281 Elm Rd (1.19 acres), and Lot 7 at 60241 Elm Rd (1.19 acres). The property's prime location and flexible zoning make it an ideal site for a medical campus or other commercial development. The asking price for this significant land holding is $4,964,700. The Assessor's Parcel Numbers (APNs) are: 71-09-35-200-029.000-031

    Property Features for 0 Elm Bodnar Blvd

    General Information

    Property type
    Land
    Lot Size
    1,109,038 SF

    HighLights

    • Prime Elm Road Medical Campus location, less than one minute from US 20 Bypass.
    • 25.46‑acre vacant land parcel.
    • All municipal utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.138071131555
    Latitude
    41.617500730698

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    FAQs

    What type of property is this?
    Land - 25 Acres, Mishawaka, IN - $4.9M
    Where is this land located?
    The property is located at Elm Bodnar Blvd Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $4,964,700.
    What are key features of this property?
    This property features: Prime Elm Road Medical Campus location, less than one minute from US 20 Bypass.; 25.46-acre vacant land parcel.; All municipal utilities available.
    Request Owner's contact information
    Elm Bodnar Blvd Mishawaka, IN 46544
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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

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    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.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    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
    Elm Bodnar Blvd Mishawaka, IN 46544
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