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    Cleveland Ave South Bend, IN 46628

    For Sale
    $1,372,000

    8+ Acres, I-80/90 Frontage, Commercial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.02-acre commercial land parcel presents a unique investment opportunity in South Bend, Indiana. Strategically located along the heavily trafficked Indiana I-80/90 Toll Road, this property boasts unparalleled visibility for any commercial development. The site comprises three contiguous parcels, offering flexibility in design and development plans. Its prime location provides easy access to US-31 Bypass, further enhancing its appeal to businesses seeking convenient transportation links. Proximity to the South Bend Airport and the Indiana/Michigan state line adds to its strategic advantage, connecting businesses to a wider regional and national market. The property's address is Cleveland Ave, South Bend, IN 46628, and its APN is 71-03-20-251-002.00. The asking price for this highly desirable commercial land is $1,372,000. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries. The property is situated within a thriving commercial and industrial area, promising strong potential for future growth and return on investment. Don't miss this chance to acquire a premier commercial land parcel in a rapidly developing region.

    Property Features for 0 Cleveland Ave

    General Information

    Property type
    Land
    Lot Size
    349,351 SF

    HighLights

    • $1,372,000 asking price.
    • 8.02‑acre commercial land parcel.
    • Located in South Bend, IN, with APN 71‑03‑20‑251‑002.00.
    • High visibility along I‑80/90 Toll Road.
    • Excellent access to US‑31 Bypass, I‑80/90, and South Bend Airport.
    • Minutes from the Indiana/Michigan state line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Bend
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.35917
    Latitude
    41.722542

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    FAQs

    What type of property is this?
    Land - 8+ Acres, I-80/90 Frontage, Commercial
    Where is this land located?
    The property is located at Cleveland Ave South Bend, IN.
    What is the asking price?
    The asking price for this property is $1,372,000.
    What are key features of this property?
    This property features: $1,372,000 asking price.; 8.02-acre commercial land parcel.; Located in South Bend, IN, with APN 71-03-20-251-002.00.
    (574) 250-5024
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    Cleveland Ave South Bend, IN 46628
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    South Bend, IN 46628
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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
    Cleveland Ave South Bend, IN 46628
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