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    114 Dixie Way South Bend, IN 46637

    For Sale
    $325,000

    High-traffic location, prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 0.51-acre commercial land parcel, located at 114 N Dixie Way in South Bend, Indiana (zip code 46637), presents a unique investment opportunity. Situated on high-traffic US-933, just south of the Holiday Inn, this property boasts over 100 feet of frontage, ensuring excellent visibility and accessibility. Its strategic location offers unparalleled proximity to major institutions, including the University of Notre Dame, Holy Cross College, and Saint Mary's College, all within less than a mile. The site is zoned B-Business (County) and is considered shovel-ready, featuring municipal water service readily available along N Dixie Way, with sewer access conveniently located on E Pendle St. This makes it ideal for a variety of commercial uses, including small drive-thru quick-service restaurants (QSRs) or compact retail establishments. Furthermore, its proximity to planned Notre Dame mixed-use developments positions this property for significant future appreciation. The asking price for this exceptional opportunity is $325,000. Don't miss this chance to acquire a prime commercial lot in a thriving South Bend location.

    Property Features for 114 Dixie Way

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • 0.5‑acre shovel‑ready site on high‑traffic US‑933/N Dixie Way.
    • Less than one mile from Notre Dame, Holy Cross, and St. Mary's Colleges.
    • Near planned Notre Dame mixed‑use developments.
    • Water access on N Dixie Way; sewer available on E Pendle St.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    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
    -86.250023
    Latitude
    41.7163169

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    FAQs

    What type of property is this?
    Land - High-traffic location, prime development opportunity.
    Where is this land located?
    The property is located at 114 Dixie Way South Bend, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 0.5-acre shovel-ready site on high-traffic US-933/N Dixie Way.; Less than one mile from Notre Dame, Holy Cross, and St. Mary's Colleges.; Near planned Notre Dame mixed-use developments.
    (574) 970-9006
    Request Owner's contact information
    114 Dixie Way South Bend, IN 46637
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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
    114 Dixie Way South Bend, IN 46637
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