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    3903 Portage Rd South Bend, IN 46628

    Sponsored
    For Sale
    $335,000

    South Bend, IN Retail Land - $335,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in South Bend, Indiana. Located at 3903 Portage Road, this property boasts a prime location on the rapidly developing northwest side of the city, directly north of a Walmart Supercenter and the Clocktower Lane retail center. The site offers significant potential for a variety of commercial uses, including a freestanding restaurant or a small multi-tenant retail building. Built in 2005, the land is fully serviced with all utilities readily available on-site. A key advantage is the potential for cross-easement access from the adjacent Walmart, allowing for shared parking opportunities and enhanced customer convenience. The property's design thoughtfully incorporates retention and drainage systems, ensuring efficient land use. Nearby new businesses include a KFC across the street and a Jimmy John's in a Meijer outlot, indicating a thriving and expanding commercial corridor. This 1-acre lot provides ample space for development, making it an ideal location for businesses seeking high visibility and accessibility in a rapidly growing area. The property is zoned for commercial use and is offered at an attractive asking price of $335,000. This is a NNN lease type property with multi-tenancy potential. The property is situated in St. Joseph County, Indiana, with a zip code of 46628.

    Property Features for 3903 Portage Rd

    General Information

    Property type
    Retail properties
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2005

    HighLights

    • 1± acre parcel available.
    • Potential cross‑easement access & shared parking with Walmart.
    • Utilities on‑site.
    • Usable acreage; retention/drainage managed.
    • Ideal for freestanding restaurant or small multi‑tenant retail building.
    • High‑growth Northwest South Bend location on Portage Road, near Walmart & Clocktower Lane retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    The UPS Store Shipping And Mailing Service WIN Home Inspection ... Home Inspector Joe Z Tailoring ... Tailor Tlc Well Service ... Well Drilling Contractor JMHC Solutions Home Health Care Service

    Suggested Use

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

    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
    -86.2910741
    Latitude
    41.7296488

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    FAQs

    What type of property is this?
    Retail property - South Bend, IN Retail Land - $335,000
    Where is this retail property located?
    The property is located at 3903 Portage Rd South Bend, IN.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: 1± acre parcel available.; Potential cross-easement access & shared parking with Walmart.; Utilities on-site.
    Request Owner's contact information
    3903 Portage 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
    3903 Portage Rd South Bend, IN 46628
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