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    Edison Lakes Pkwy Mishawaka, IN 46545

    Sponsored
    For Sale
    $1,192,500

    2.65-Acre Commercial Lot, Mishawaka, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.65-acre commercial land parcel presents a prime development opportunity in Mishawaka, Indiana. Located at the southeast corner of Main Street and Edison Lakes Parkway, this C1-zoned lot (APN: 71-09-04-226-001.000-022) is ideally situated within the thriving Edison Lakes Corporate Park, a 700-acre mixed-use development boasting residential, hotel, retail, and nearly 1 million square feet of Class A office space. The property benefits from its strategic location in the University Park Trade Area, a dynamic commercial hub encompassing over 5 million square feet of retail, office, hospitality, and medical facilities. This high-traffic area offers excellent visibility and accessibility, with proximity to major thoroughfares like the new Capital Avenue extension and the Main Street/Grape Road corridors. The site's adjacency to the 100-acre Saint Joseph Health System Mishawaka campus further enhances its appeal. This parcel is perfect for retail or office development, providing an exceptional opportunity to capitalize on the area's robust growth and strong demographics. The asking price is $1,192,500.

    Property Features for 0 Edison Lakes Pkwy

    General Information

    Property type
    Land
    Lot Size
    115,434 SF

    HighLights

    • 2.65‑acre commercial land parcel in Mishawaka, IN's Edison Lakes Corporate Park.
    • Prime location at Main Street and Edison Lakes Parkway within the University Park Trade Area.
    • C1‑zoned lot (APN: 71‑09‑04‑226‑001.000‑022), ideal for retail or office development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mishawaka
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.1775293
    Latitude
    41.7018781

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    FAQs

    What type of property is this?
    Land - 2.65-Acre Commercial Lot, Mishawaka, IN
    Where is this land located?
    The property is located at Edison Lakes Pkwy Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $1,192,500.
    What are key features of this property?
    This property features: 2.65-acre commercial land parcel in Mishawaka, IN's Edison Lakes Corporate Park.; Prime location at Main Street and Edison Lakes Parkway within the University Park Trade Area.; C1-zoned lot (APN: 71-09-04-226-001.000-022), ideal for retail or office development.
    (574) 271-4060
    Request Owner's contact information
    Edison Lakes Pkwy Mishawaka, IN 46545
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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.

    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
    Edison Lakes Pkwy Mishawaka, IN 46545
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