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    14017 Dragoon Trl Mishawaka, IN 46544

    Sponsored
    For Sale
    $649,000

    6.93-acre industrial development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.93-acre property presents a remarkable development opportunity in Mishawaka, Indiana. Strategically located at the corner of heavily trafficked Capital Avenue/IN-331 (approximately 13,500 vehicles daily, per INDOT data) and Dragoon Trail, this site boasts unparalleled visibility. The property comprises three parcels, offering flexibility for various development plans. Approximately 1.7 acres are zoned Commercial, featuring approximately 350 feet of frontage on Dragoon Trail, ideal for retail or commercial ventures. The remaining 5.23 acres are zoned Residential, providing approximately 630 feet of high-visibility frontage on Capital Avenue/IN-331. A zoning map is available upon request. Powerlines running along Capital Avenue, while present, allow for potential parking lot development. This prime location offers exceptional proximity to key transportation arteries, including the Capital Avenue/US 20 Bypass interchange (just 3/4 of a mile away), Lincolnway East (2 miles), and US 31 South (less than 7 miles). The property is served by the Penn-Harris-Madison School Corporation. The seller is willing to divide the property and adjust pricing accordingly. The asking price for the entire 6.93-acre parcel is $649,000, representing a price per acre of $100,288.60. This is a rare opportunity to acquire a highly visible and strategically located development site in a thriving area.

    Property Features for 14017 Dragoon Trl

    General Information

    Property type
    Land

    HighLights

    • 6.93‑acre development opportunity in Mishawaka, IN, at the high‑traffic intersection of Capital Avenue/IN‑331 and Dragoon Trail (approx. 13,500 VPD).
    • Three parcels: ~1.7 acres commercially zoned with 350' of Dragoon Trail frontage; ~5.23 acres residentially zoned with 630' of Capital Avenue/IN‑331 frontage.
    • High visibility; excellent access to major roadways (US 20 Bypass, Lincolnway East, US 31).
    • Penn‑Harris‑Madison School District.
    • Seller will consider dividing the property and adjusting pricing; $649,000 asking price ($100,288.60/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    BARGAIN BARN Shopping Mall

    Suggested Use

    Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Skin Care Clinic Kitchen & Bath HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.138199902086
    Latitude
    41.635081256408

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    FAQs

    What type of property is this?
    Land - 6.93-acre industrial development site.
    Where is this land located?
    The property is located at 14017 Dragoon Trl Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: 6.93-acre development opportunity in Mishawaka, IN, at the high-traffic intersection of Capital Avenue/IN-331 and Dragoon Trail (approx. 13,500 VPD).; Three parcels: ~1.7 acres commercially zoned with 350' of Dragoon Trail frontage; ~5.23 acres residentially zoned with 630' of Capital Avenue/IN-331 frontage.; High visibility; excellent access to major roadways (US 20 Bypass, Lincolnway East, US 31).
    Request Owner's contact information
    14017 Dragoon Trl Mishawaka, IN 46544
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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
    14017 Dragoon Trl Mishawaka, IN 46544
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