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    52530 Primrose Rd South Bend, IN 46628

    For Sale
    $490,000

    9.26 Acres, Prime South Bend Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 9.26-acre commercial land parcel presents a remarkable development opportunity in South Bend, Indiana. Located at 52530 Primrose Rd, 46628, this property boasts a highly desirable location with convenient access to major transportation arteries, including the US-31 Bypass, US Highway 20, and the I-80/90 Indiana Toll Road. The land is situated within St. Joseph County and has already undergone preliminary platting as an extension of the established Fox Run neighborhood. This existing infrastructure provides a significant advantage, as the area is serviced by municipal water and sewer lines, streamlining the development process and reducing upfront costs. The property's APN is 71-02-24-301-003.00. This presents a unique chance for builders and developers to seamlessly integrate their projects into a thriving community while benefiting from excellent connectivity to the wider South Bend area. The asking price for this strategically positioned land is $490,000. This prime location and existing infrastructure make this a compelling investment for those seeking to capitalize on the growth potential of South Bend's Northwest side. The property is zoned for commercial use.

    Property Features for 52530 Primrose Rd

    General Information

    Property type
    Land
    Lot Size
    403,366 SF

    HighLights

    • 9.26‑acre commercial land parcel in South Bend, IN.
    • Located at 52530 Primrose Rd, 46628, with convenient access to US‑31 Bypass, US‑20, and I‑80/90.
    • Preliminary platting complete, extending Fox Run neighborhood.
    • Municipal water and sewer available.
    • APN: 71‑02‑24‑301‑003.00.
    • $490,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Accounting Firm Bar & Pub Garden Center Furniture Store

    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
    -86.364585
    Latitude
    41.7289964

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    FAQs

    What type of property is this?
    Land - 9.26 Acres, Prime South Bend Location
    Where is this land located?
    The property is located at 52530 Primrose Rd South Bend, IN.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: 9.26-acre commercial land parcel in South Bend, IN.; Located at 52530 Primrose Rd, 46628, with convenient access to US-31 Bypass, US-20, and I-80/90.; Preliminary platting complete, extending Fox Run neighborhood.
    (574) 250-5024
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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
    52530 Primrose Rd South Bend, IN 46628
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