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    Viridian Dr South Bend, IN 46628

    For Sale
    $1,427,800

    Prime South Bend location, ideal for various uses. Owner financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 22-acre commercial and industrial land parcel presents a unique investment opportunity in Northwest South Bend, Indiana. Strategically located near the South Bend Regional Airport, US-31 Bypass, and the Indiana I-80/90 Tollroad, this property offers unparalleled accessibility. Its versatility makes it suitable for a wide range of uses, including mini-storage facilities, storage yards, outdoor storage solutions, contractor storage or workshops, and even recycling operations. The property boasts an on-site rail spur, adding significant logistical advantages. Furthermore, the possibility of developing waterfront office space exists, enhancing its potential value. The seller is open to subdividing the land to accommodate specific buyer needs. Conveniently situated near Blackthorn Corporate Park, this property benefits from a thriving business environment. Attractive owner financing options are available to qualified buyers, making this an even more compelling investment prospect. The APN is 71-03-28-476-005.00, and the address is Viridian Dr, South Bend, IN 46628.

    Property Features for 0 Viridian Dr

    General Information

    Property type
    Land
    Lot Size
    958,320 SF

    HighLights

    • Asking price: $1,427,800
    • 22‑acre commercial/industrial land parcel
    • Located in South Bend, IN, with easy access to US‑31 Bypass, I‑80/90 Tollroad, and South Bend Regional Airport
    • Suitable for various uses including storage, contractor yards, and recycling operations
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Bend
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.295532
    Latitude
    41.7105246

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    FAQs

    What type of property is this?
    Land - Prime South Bend location, ideal for various uses. Owner financing available.
    Where is this land located?
    The property is located at Viridian Dr South Bend, IN.
    What is the asking price?
    The asking price for this property is $1,427,800.
    What are key features of this property?
    This property features: Asking price: $1,427,800; 22-acre commercial/industrial land parcel; Located in South Bend, IN, with easy access to US-31 Bypass, I-80/90 Tollroad, and South Bend Regional Airport
    Request Owner's contact information
    Viridian Dr 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
    Viridian Dr South Bend, IN 46628
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