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    2807 Lincolnway Mishawaka, IN 46544

    Sponsored
    For Sale
    $300,000

    Mishawaka, IN: Prime Commercial Acre

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional one-acre commercial land parcel, located at 2807 Lincolnway West in Mishawaka, Indiana, presents a unique investment opportunity. Situated on a high-traffic corridor boasting over 22,000 vehicles daily, this property offers 319 feet of frontage on Lincolnway West. Its strategic location places it steps from Indiana University South Bend and its new campus housing, directly across from a recently constructed Dollar General, and diagonally across from a Walgreens development. The property's C1/C4 zoning allows for a wide array of commercial and retail uses, further enhanced by the availability of municipal sewer and water utilities. The parcel's APN numbers are 71-09-17-305-005.000-023

    Property Features for 2807 Lincolnway

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Excellent IUSB campus proximity and student housing.
    • High‑traffic retail location with 22,000+ daily vehicles.
    • Across from a new Dollar General store.
    • 319 feet of frontage on Lincoln Way West.
    • C1 and C4 zoning.
    • Municipal sewer and water available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.2150423
    Latitude
    41.657445

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    FAQs

    What type of property is this?
    Land - Mishawaka, IN: Prime Commercial Acre
    Where is this land located?
    The property is located at 2807 Lincolnway Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Excellent IUSB campus proximity and student housing.; High-traffic retail location with 22,000+ daily vehicles.; Across from a new Dollar General store.
    (574) 485-1537
    Request Owner's contact information
    2807 Lincolnway Mishawaka, IN 46544
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    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
    2807 Lincolnway Mishawaka, IN 46544
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