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    52991 State Hwy 933 South Bend, IN 46637

    Sponsored
    For Lease
    $26 SF/Yr ($13,612 /Mo)

    High-traffic retail space, 6,164 sq ft

    Lot size:
    6,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional South Bend retail property, located at 52991 State Hwy 933, offers 6,164 square feet of commercial space in a prime location. Built in 2006, the single-building property sits on a 2.39-acre lot and is zoned for commercial use within St. Joseph County. Currently featuring multiple tenants, one 1,400 square foot space is available. The property enjoys high visibility along State Road 933, a major thoroughfare connecting Niles and South Bend, benefiting from significant traffic counts and proximity to key demographics. Its strategic location minutes from the University of Notre Dame, student housing, and Indiana Toll Road Exit 77 ensures a strong customer base. This established retail corridor is anchored by nationally recognized brands, providing an ideal environment for a variety of businesses. The property's size and location make it an attractive investment opportunity for those seeking a high-traffic, well-situated retail space in a thriving area. The property's address is 52991 State Hwy 933, South Bend, IN 46637, and its cross street is Cleveland Rd.

    Property Features for 52991 State Hwy 933

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,164 SF
    Total Rate
    13612.17

    Building Details

    Year Built
    2006
    Buildings
    1

    Unit(s) available at that property

    Space
    Suite D
    Size
    1,400 SF
    Rate per SF
    $26

    HighLights

    • 1,400 SF end‑cap retail space available for lease.
    • High‑traffic location on Cleveland Rd. (AADT 17,528) and SR 933 (AADT 18,601).
    • Strong co‑tenancy with Starbucks and FedEx.
    • Proximity to University of Notre Dame and student housing.
    • Estimated operating expenses: $11.00/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.250948855374
    Latitude
    41.723635824682

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 6,164 sq ft
    Where is this retail property located?
    The property is located at 52991 State Hwy 933 South Bend, IN.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1,400 SF end-cap retail space available for lease.; High-traffic location on Cleveland Rd. (AADT 17,528) and SR 933 (AADT 18,601).; Strong co-tenancy with Starbucks and FedEx.
    Request Owner's contact information
    52991 State Hwy 933 South Bend, IN 46637
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    South Bend, IN 46637
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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
    52991 State Hwy 933 South Bend, IN 46637
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