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    Area B Nimtz Pkwy South Bend, IN 46628

    Sponsored
    For Sale
    $6,500,000

    Prime Industrial Land, $65k/Acre, I-Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 100-acre industrial land parcel presents a significant investment opportunity in South Bend, Indiana. Located within the prestigious Blackthorn Industrial Park, this property boasts I-Industrial zoning, ideal for logistics, distribution, and advanced manufacturing facilities. The asking price is $6,500,000, translating to a competitive $65,000 per acre. The site benefits from a highly strategic location in the central Midwest, providing unmatched access to major markets including Chicago, Detroit, and Indianapolis. With a population of 1.84 million people within a one-hour drive, this location within the Great Lakes region offers unparalleled access to a large and growing consumer base. Municipal utilities are readily available, and the property enjoys convenient access to key transportation arteries: the Indiana Toll Road (I-80/90), US 20/31 Bypass, and proximity to South Bend International Airport. The APN is 71-03-21-451-001.000-009, 71-03-21-300-003.000-009. This is a rare opportunity to acquire a substantial, strategically located industrial land parcel in a thriving market. The property is situated in the Nimtz Pkwy Area B, South Bend, IN 46628, within St. Joseph County.

    Property Features for Area B Nimtz Pkwy

    General Information

    Property type
    Land
    Lot Size
    4,356,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.3202631
    Latitude
    41.728444

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, $65k/Acre, I-Industrial Zoning
    Where is this land located?
    The property is located at Area B Nimtz Pkwy South Bend, IN.
    What is the asking price?
    The asking price for this property is $6,500,000.
    Request Owner's contact information
    Area B Nimtz Pkwy South Bend, IN 46628
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    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
    Area B Nimtz Pkwy South Bend, IN 46628
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