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    50860 State Hwy 933 South Bend, IN 46637

    Sponsored
    For Lease
    $40 SF/Yr ($10,000 /Mo)

    3,000 SF Freestanding Building, High Traffic

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000-square-foot freestanding building, slated for completion in 2025, presents a prime opportunity for a quick lube or auto repair business. Located at 50860 State Hwy 933, South Bend, IN 46637, this single-story structure boasts 20-foot walls and is designed to accommodate 5-7 service bays. Situated on a 19,500-square-foot lot (75 ft frontage x 260 ft depth) with 8 parking spaces, the property offers excellent visibility and accessibility. The site benefits from a high-traffic location on State Road 933 (US 31 N), a major thoroughfare connecting Indiana and Michigan, with an average daily traffic count of 16,575 in 2023. Its strategic location places it just blocks from Michigan and minutes from Notre Dame University, ensuring a robust customer base. The property features three-phase power and is zoned C. The parcel number is 71-03-12-376-002.000-003. This build-to-suit or ground lease opportunity is priced at $40 per square foot, NNN lease. Don't miss this chance to establish your business in a thriving location.

    Property Features for 50860 State Hwy 933

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Total Rate
    10000

    Building Details

    Year Built
    2025
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $40

    HighLights

    • 3,000 SF freestanding building, new construction (2025 delivery), ideal for quick lube or auto repair.
    • High‑traffic location on US 31 N (16,575 AADT).
    • 19,500 SF lot (75' frontage x 260' depth) with 8 parking spaces.
    • Located in South Bend, IN, near Michigan border and Notre Dame University.
    • Build‑to‑suit or ground lease available; $40/SF, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2509887651
    Latitude
    41.754281139948

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    FAQs

    What type of property is this?
    Specialty property - 3,000 SF Freestanding Building, High Traffic
    Where is this specialty property located?
    The property is located at 50860 State Hwy 933 South Bend, IN.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 3,000 SF freestanding building, new construction (2025 delivery), ideal for quick lube or auto repair.; High-traffic location on US 31 N (16,575 AADT).; 19,500 SF lot (75' frontage x 260' depth) with 8 parking spaces.
    Request Owner's contact information
    50860 State Hwy 933 South Bend, IN 46637
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    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
    50860 State Hwy 933 South Bend, IN 46637
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