Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    53438 Olive St South Bend, IN 46628

    For Sale
    $6,300,000

    Prime Industrial Land, US-31 Bypass Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 85.5-acre industrial land parcel in South Bend, Indiana, presents a remarkable development opportunity. Strategically located with unparalleled visibility along the US-31 Bypass and minutes from the 80/90 Toll Road interchange, Nimtz Parkway, the Michigan state line, and South Bend International Airport, this property offers unmatched accessibility. Currently zoned for a use that allows for light industrial and manufacturing, the seller is willing to cooperate with rezoning to suit a buyer's specific needs. The site's proximity to a burgeoning area of logistics-based businesses makes it highly attractive for various industrial uses. Utilities, including water and sewer, are readily available at the roadside. Adding to its versatility, the property is divisible, allowing for flexibility in development plans. For developers seeking a build-to-suit option, the seller is open to constructing a facility and leasing it back, providing a unique investment opportunity. The property's Assessed Parcel Number (APN) is 71-03-30-176-004.00. This is a rare chance to acquire a significant land holding in a high-growth area with excellent infrastructure and connectivity. The asking price for this exceptional property is $6,300,000.

    Property Features for 53438 Olive St

    General Information

    Property type
    Land
    Lot Size
    3,724,380 SF

    HighLights

    • $6,300,000 asking price for 85.5 acres of industrial land.
    • Located in South Bend, IN, at 53438 Olive, 46628.
    • APN: 71‑03‑30‑176‑004.00.
    • Sale for leaseback option available.
    • Excellent visibility along US‑31 Bypass, near major transportation arteries.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Kitchen & Bath Food Market Electrical Service Plumbing Service Farmer's Market Fish Market Parking Facility

    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
    -86.3464884
    Latitude
    41.7159378

    Nearby Similar for Sale

    • $325,000
      2,394 SF

      Mixed-Use Property in South Bend

      Established convenience store with living quarters and redevelopment potential.
      1637 Kemble Ave, South Bend, IN 46613
      View Details
    • $499,900
      0.27 Acres

      Historic Mixed-Use South Bend Property

      Historic Studebaker building with commercial and residential zoning.
      3030 S Michigan St, South Bend, IN 46614
      View Details
    • $519,000
      Pending

      20-Acre Home Near Data Center

      20-acre property near data center and battery plant.
      27180 Harrison Rd, South Bend, IN 46619
      View Details
    • $209,900
      2,104 SF

      Renovated Duplex in South Bend

      Tastefully renovated duplex with two 2-bedroom units in South Bend.
      802 N Olive St, South Bend, IN 46628
      View Details
    • $45,000
      2,403 SF

      South Bend Duplex Opportunity

      Duplex in South Bend, Indiana, ideal for investors or homeowners.
      2241 W Washington St, South Bend, IN 46628
      View Details
    • $424,900
      0.42 Acres

      South Bend Office Building

      One-story office building with flexible interior and ample parking.
      3533 Mckinley Ave, South Bend, IN 46615
      View Details

    FAQs

    What type of property is this?
    Land - Prime Industrial Land, US-31 Bypass Access
    Where is this land located?
    The property is located at 53438 Olive St South Bend, IN.
    What is the asking price?
    The asking price for this property is $6,300,000.
    What are key features of this property?
    This property features: $6,300,000 asking price for 85.5 acres of industrial land.; Located in South Bend, IN, at 53438 Olive, 46628.; APN: 71-03-30-176-004.00.
    Request Owner's contact information
    53438 Olive St South Bend, IN 46628
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    53438 Olive St
    South Bend, IN 46628
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    53438 Olive St South Bend, IN 46628
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.