Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3215 Prairie Ave South Bend, IN 46614

    Sponsored
    For Sale
    $1,290,000

    7.92 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7.92-acre commercial land parcel in South Bend, Indiana, presents a significant investment opportunity. Located directly across from Four Winds Casino, this property boasts unparalleled visibility and accessibility, with a daily traffic count exceeding 12,775 vehicles. Recently annexed into South Bend, the land is zoned for commercial use and offers a wide range of development possibilities. Public water and sewer are readily available, simplifying infrastructure needs. The existing 2-acre retention area is a valuable asset, reducing development complexities. Permitted uses include retail (including drive-through options), restaurants, lodging, and vehicle sales/service centers. Its strategic location near downtown South Bend, the South Bend Airport, and Notre Dame University ensures high demand and potential for strong returns. The property's proximity to Chicago (90 miles) further enhances its appeal to a broader market. This is an ideal site for businesses seeking high visibility and convenient access to a large customer base. The asking price is $1,290,000. This prime location offers unlimited potential for commercial success.

    Property Features for 3215 Prairie Ave

    General Information

    Property type
    Land
    Lot Size
    344,995 SF

    HighLights

    • 7.92‑acre commercial land parcel in South Bend, Indiana, directly across from Four Winds Casino.
    • High visibility with over 12,775 vehicles daily.
    • Recently annexed, commercially zoned, with public water and sewer.
    • Includes a 2‑acre retention area.
    • Permitted uses include retail (including drive‑throughs), restaurants, lodging, and vehicle sales/service.
    • Prime location near downtown South Bend, the airport, Notre Dame, and Chicago (90 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Clothing Store Building Supply Daycare Center Kitchen & Bath Wholesale Shop Auto Repair Shop HVAC Service Bar & Pub

    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
    -86.293399631268
    Latitude
    41.643824278053

    Nearby Similar for Sale

    • $400,000
      0.26 Acres

      Turnkey Tavern with Apartment

      Thriving bar/restaurant with living quarters in South Bend, IN.
      2209 Kemble Ave, South Bend, IN 46613
      View Details
    • $325,000
      2,394 SF

      Mixed-Use Property in South Bend

      Established convenience store with living quarters and redevelopment potential.
      1637 Kemble Ave, South Bend, IN 46613
      View Details
    • $499,900
      0.27 Acres

      Historic Mixed-Use South Bend Property

      Historic Studebaker building with commercial and residential zoning.
      3030 S Michigan St, South Bend, IN 46614
      View Details
    • $750,000
      Pending

      Historic Church in Downtown South Bend

      Stone church built in 1888 with development potential.
      302 W Washington St, South Bend, IN 46601
      View Details
    • $209,900
      2,104 SF

      Renovated Duplex in South Bend

      Tastefully renovated duplex with two 2-bedroom units in South Bend.
      802 N Olive St, South Bend, IN 46628
      View Details
    • $160,000
      2,450 SF

      South Bend Triplex Investment Opportunity

      Well-maintained triplex with immediate cash flow in South Bend.
      338 N Olive St, South Bend, IN 46628
      View Details
    • $40,000
      2,403 SF

      South Bend Duplex Opportunity

      Duplex in South Bend, Indiana, suitable for investment or residence.
      2241 W Washington St, South Bend, IN 46628
      View Details
    • $650,000
      0.12 Acres

      Turn-Key Restaurant Opportunity in South Bend

      High-visibility commercial building with existing kitchen assets in developing corridor.
      2224 W Western Ave, South Bend, IN 46619
      View Details
    • $175,000
      1,824 SF

      South Bend Duplex Investment Opportunity

      Two-story duplex with rental income potential near Mishawaka River Walk.
      3312 Mishawaka Ave, South Bend, IN 46615
      View Details
    • $150,000
      744 SF

      South Bend Commercial Building

      744 sq ft commercial space on Western Avenue.
      4122 W Western Ave, South Bend, IN 46619
      View Details
    • $149,000
      0.22 Acres

      South Bend Mixed-Use Property

      Commercial building with vacant lot, suitable for mixed-use.
      3601 W Western Ave, South Bend, IN 46619
      View Details
    • $259,000
      0.81 Acres

      Warehouse with Compressor and Office

      Warehouse with office, bathroom, cooking area, and compressor system.
      19990 State Line Rd, South Bend, IN 46637
      View Details

    FAQs

    What type of property is this?
    Land - 7.92 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at 3215 Prairie Ave South Bend, IN.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: 7.92-acre commercial land parcel in South Bend, Indiana, directly across from Four Winds Casino.; High visibility with over 12,775 vehicles daily.; Recently annexed, commercially zoned, with public water and sewer.
    Request Owner's contact information
    3215 Prairie Ave South Bend, IN 46614
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3215 Prairie Ave
    South Bend, IN 46614
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3215 Prairie Ave South Bend, IN 46614
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.