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    3801 Edison Lakes Pkwy Mishawaka, IN 46545

    For Sale
    $1,300,000

    4-Acre Commercial Lot in Mishawaka, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4-acre commercial land parcel is ideally situated at the northwest corner of Park Place and Edison Lakes Parkway in Mishawaka, Indiana. Zoned C1, this property presents a prime opportunity for office or medical office development within the thriving Edison Lakes Corporate Park. The location boasts strong demographics, proximity to major office parks, desirable residential areas, and over 5 million square feet of retail space. Edison Lakes Corporate Park itself is a 700-acre mixed-use development encompassing residential, hotel, and retail components, along with nearly 1 million square feet of Class A office space. The property's strategic position benefits from its close proximity to the recently opened 100-acre Saint Joseph Health System Mishawaka campus, a state-of-the-art hospital and medical complex located just one mile to the north. Furthermore, the site enjoys convenient access to the Capital Avenue extension and the Main Street/Grape Road corridors, providing excellent connectivity to Elkhart and surrounding areas. This location within the University Park Trade Area offers unparalleled access to a substantial commercial, retail, office, hospitality, and medical market. The asking price for this remarkable development opportunity is $1,300,000. The property is located at 3801 Edison Lakes Pkwy, Mishawaka, IN 46545.

    Property Features for 3801 Edison Lakes Pkwy

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • 4‑acre commercial land parcel in Mishawaka, IN's Edison Lakes Corporate Park, zoned C1, ideal for office or medical development.
    • Prime location at the northwest corner of Park Place and Edison Lakes Parkway, offering strong demographics and proximity to major office parks, residential areas, and over 5 million square feet of retail space.
    • Located within the 700‑acre Edison Lakes Corporate Park, a mixed‑use development including residential, hotel, and retail components, and nearly 1 million square feet of Class A office space.
    • Minutes from the new Capital Avenue extension, Main Street/Grape Road corridors, and the Saint Joseph Health System Mishawaka campus. Excellent access to Elkhart.
    • Asking price: $1,300,000. Address: 3801 Edison Lakes Pkwy, Mishawaka, IN 46545.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1788062
    Latitude
    41.6953333

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    FAQs

    What type of property is this?
    Land - 4-Acre Commercial Lot in Mishawaka, IN
    Where is this land located?
    The property is located at 3801 Edison Lakes Pkwy Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 4-acre commercial land parcel in Mishawaka, IN's Edison Lakes Corporate Park, zoned C1, ideal for office or medical development.; Prime location at the northwest corner of Park Place and Edison Lakes Parkway, offering strong demographics and proximity to major office parks, residential areas, and over 5 million square feet of retail space.; Located within the 700-acre Edison Lakes Corporate Park, a mixed-use development including residential, hotel, and retail components, and nearly 1 million square feet of Class A office space.
    (574) 485-1515
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    3801 Edison Lakes Pkwy Mishawaka, IN 46545
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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
    3801 Edison Lakes Pkwy Mishawaka, IN 46545
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