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    51521 Orange Rd South Bend, IN 46628

    Sponsored
    For Sale
    $970,000

    Agricultural & Residential Potential, $970,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20.6-acre property in South Bend, Indiana, presents a unique investment opportunity. Located at 51521 Orange Road, this expansive parcel is zoned for both agricultural and residential use, offering considerable flexibility for developers and investors. The property boasts over 800 feet of frontage on Orange Road, providing excellent visibility and accessibility. A significant advantage is the preliminary platting for subdivision, with municipal sewer lines planned for future streets, streamlining the development process for single-family residential homes. The APN is 71-03-18-176-002.00. The asking price is $970,000. While currently designated as agricultural land, the property's zoning and preliminary platting make it ideally suited for residential development. The seller is open to considering offers for the sale of the entire parcel or as 2-3 individual lots. This property is situated in St. Joseph County, Indiana, with a zip code of 46628. The property also includes a neighboring 0.23-acre parcel, adding to its overall value and potential. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a growing area. The coordinates are 41.7449315 latitude and -86.3440398 longitude.

    Property Features for 51521 Orange Rd

    General Information

    Property type
    Farms
    Lot Size
    897,336 SF

    HighLights

    • 20.6‑acre parcel in South Bend, IN, zoned for agricultural and residential use.
    • Located at 51521 Orange Road with over 800 feet of road frontage.
    • Preliminary platting for residential subdivision, with planned municipal sewer.
    • APN 71‑03‑18‑176‑002.00; Asking price: $970,000.
    • Seller will consider offers for the entire parcel or individual lots.
    • Includes a neighboring 0.23‑acre parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic Wholesale Shop Hotel & Motel

    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
    -86.3440398
    Latitude
    41.7449315

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    FAQs

    What type of property is this?
    Farm - Agricultural & Residential Potential, $970,000
    Where is this farm located?
    The property is located at 51521 Orange Rd South Bend, IN.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: 20.6-acre parcel in South Bend, IN, zoned for agricultural and residential use.; Located at 51521 Orange Road with over 800 feet of road frontage.; Preliminary platting for residential subdivision, with planned municipal sewer.
    Request Owner's contact information
    51521 Orange Rd 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
    51521 Orange Rd South Bend, IN 46628
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