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    Property profile & analytics

    1031 Allen St South Bend, IN 46616

    • Commercial real estate
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2121904
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1031 Allen St

    Lot size
    0.15 lot acres
    Property type
    Commercial real estate
    APN
    71-08-02-182-011.000-026

    Description

    This exceptional 0.15-acre commercial lot is situated in South Bend, Indiana, at 1031 Allen Street, within the Near Northwest neighborhood. Its convenient location places it between Portage Avenue and Lincolnway, offering easy access to key transportation routes. The property's APN is 71-08-02-182-011.000-026, and its address is verified by the city. The lot's proximity to Muessel Elementary School makes it attractive for various development projects. The area boasts a wealth of local amenities, including parks, providing a desirable environment for potential residents or businesses. This vacant land presents a unique opportunity for investors or developers seeking a prime location in a thriving neighborhood. The asking price for this strategically positioned lot is $13,500. The property's zoning and potential uses should be verified independently by the buyer. This is a rare chance to acquire a well-located commercial parcel in a rapidly developing area of South Bend. The lot's size, at 0.15 acres, offers flexibility for a range of development possibilities. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2664206
    Latitude
    41.6889558

    Comparable in this City

    • $400,000
      0.99 Acres

      Lincolnway West Redevelopment Opportunity

      Prime South Bend commercial land, high traffic.
      1107 Lincoln Way, South Bend, IN 46616
      View Details
    • $400,000

      Lincolnway West Redevelopment Opportunity

      Redevelopment opportunity on Lincolnway West, South Bend. Approximately 1 acre.
      1107 Lincoln Way West, South Bend, IN 46616
      View Details
    • Contact for pricing
      8,000 SF

      High-Visibility Retail Space, South Bend

      8,000 SF Corner Lot, High Traffic
      1405 Portage Ave, South Bend, IN 46616
      View Details

    Similar Nearby for Sale

    • $400,000
      0.99 Acres

      Lincolnway West Redevelopment Opportunity

      Prime South Bend commercial land, high traffic.
      1107 Lincoln Way, South Bend, IN 46616
      View Details
    • $400,000

      Lincolnway West Redevelopment Opportunity

      Redevelopment opportunity on Lincolnway West, South Bend. Approximately 1 acre.
      1107 Lincoln Way West, South Bend, IN 46616
      View Details
    • Contact for pricing
      8,000 SF

      High-Visibility Retail Space, South Bend

      8,000 SF Corner Lot, High Traffic
      1405 Portage Ave, South Bend, IN 46616
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,300 SF

      High-Visibility Retail Space in South Bend

      9,300 SF Retail Space - Excellent Location
      1405 Portage Ave, South Bend, IN 46616
      View Details
    • Contact for pricing
      9,300 SF

      South Bend Retail Space Available

      High-visibility corner lot, 9,300 sq ft.
      1405 Portage Ave, South Bend, IN 46616
      View Details
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    1031 Allen St
    South Bend, IN 46616
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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
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