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    4505 Ameritech Dr South Bend, IN 46628

    For Sale
    $1,000,000

    Three acres of prime commercial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Invest in three exceptional pad sites totaling three acres at Carbonmill Plaza in South Bend, Indiana. This high-visibility location boasts strong traffic counts due to its strategic placement at the US 20/31 Bypass ramp, offering unparalleled access to I-80/90 Toll Road. The property is zoned CB Community Business and presents a unique opportunity for development. Individual pad sizes range from a third of an acre to 1.75 acres, with prices starting at $300,000. The site benefits from a strong daytime population fueled by nearby Blackthorn Corporate Office Park and several industrial/business parks. Carbonmill Plaza is a thriving multi-tenant center already home to established businesses such as Bruno's Pizza, El Arriero Mexican Restaurant, Grid Iron Wine & Spirits, Low Bob's Express, and Taco Bell. The potential for development extends to up to 20,000 square feet of space in the adjacent Carbonmill Plaza II. Ample shared parking is available. Specific restrictions on proposed use of out-lots are detailed in the property information. This is an exceptional opportunity to capitalize on a high-traffic, high-visibility location in a rapidly growing area. The asking price for the entire three-acre parcel is $1,000,000. The property is located at 4505 Ameritech Dr, South Bend, IN 46628.

    Property Features for 4505 Ameritech Dr

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • High visibility location with strong traffic counts.
    • Pad sites available, ranging from 0.33 to 1.75 acres at Carbonmill Plaza.
    • Development potential up to 20,000 square feet.
    • Excellent daytime population density.
    • Strategically located at the US 20/31 Bypass ramp.
    • Pad site 1: $300,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chivo's Pizza Pizza Takeout El Arriero Mexican Restaurant Low Bob's Express Tobacco Shop Low Bob's Discount ... Tobacco Shop CoinFlip Bitcoin ATM Money Transfer Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

    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
    -86.3360521
    Latitude
    41.7387406

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    FAQs

    What type of property is this?
    Land - Three acres of prime commercial land.
    Where is this land located?
    The property is located at 4505 Ameritech Dr South Bend, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High visibility location with strong traffic counts.; Pad sites available, ranging from 0.33 to 1.75 acres at Carbonmill Plaza.; Development potential up to 20,000 square feet.
    Request Owner's contact information
    4505 Ameritech 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
    4505 Ameritech Dr South Bend, IN 46628
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