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    4536 Lake Blackthorn Dr South Bend, IN 46628

    Sponsored
    For Sale
    $72,000

    Prime South Bend Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.24-acre commercial lot, located at 4536 Lake Blackthorn Dr, South Bend, IN 46628 (APN 71-03-18-452-013.00), presents a unique investment opportunity. Situated on a corner lot at the entrance to the prestigious Villas at Lake Blackthorn, this property boasts unparalleled visibility due to its proximity to the US 31 Bypass and I-80/90 interchange. Zoned for local businesses, this site is ideal for a variety of commercial ventures, such as a strip mall incorporating businesses like a bank/ATM, dry cleaner, or coffee shop/ice cream parlor. The high-end residential neighborhood provides a strong customer base. Utilities are readily available, including gas, electric, municipal water, and sewer. Architectural standards are in place to maintain property values. This lot is available for sale, or a build-to-suit option may be considered. An adjacent lot is also available for purchase. This is a rare opportunity to establish a thriving business in a highly desirable location.

    Property Features for 4536 Lake Blackthorn Dr

    General Information

    Property type
    Land
    Lot Size
    10,454 SF

    HighLights

    • 0.24‑acre commercial lot at 4536 Lake Blackthorn Dr, South Bend, IN (APN 71‑03‑18‑452‑013.00).
    • High visibility corner lot at the entrance to Villas at Lake Blackthorn, near US 31 Bypass and I‑80/90 interchange.
    • Zoned for local businesses, ideal for a strip mall (e.g., bank, dry cleaner, coffee shop).
    • Strong customer base from high‑end residential neighborhood.
    • Utilities available (gas, electric, water, sewer).
    • Architectural standards in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

    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
    -86.3424294
    Latitude
    41.737973

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    FAQs

    What type of property is this?
    Land - Prime South Bend Commercial Lot
    Where is this land located?
    The property is located at 4536 Lake Blackthorn Dr South Bend, IN.
    What is the asking price?
    The asking price for this property is $72,000.
    What are key features of this property?
    This property features: 0.24-acre commercial lot at 4536 Lake Blackthorn Dr, South Bend, IN (APN 71-03-18-452-013.00).; High visibility corner lot at the entrance to Villas at Lake Blackthorn, near US 31 Bypass and I-80/90 interchange.; Zoned for local businesses, ideal for a strip mall (e.g., bank, dry cleaner, coffee shop).
    (574) 250-5024
    Request Owner's contact information
    4536 Lake Blackthorn Dr 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
    4536 Lake Blackthorn Dr South Bend, IN 46628
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