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
    Back to Search

    University Dr Mishawaka, IN 46530

    For Sale
    $409,500

    1.17-acre development site, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.17-acre commercial development site is ideally situated on West University Drive in Mishawaka, Indiana, boasting a highly visible location within the thriving University Park Retail Trade Area. The property, identified by APN 71-04-28-276-001.000-005, is zoned C1-Commercial, offering a multitude of development possibilities. Its strategic placement between University Park Mall and SuperTarget ensures high traffic volume and excellent visibility. Nearby amenities include Best Buy, Michaels, Menards, and a SuperTarget, further enhancing its appeal. The site's proximity to the Saint Joseph Health Services Mishawaka campus and the expansive Edison Lakes Corporate Park, a 700-acre mixed-use development featuring residential, hotel, retail, and over one million square feet of Class A office space, provides significant advantages. The University Park Trade Area, anchored by major retailers such as Sears, J.C. Penney, Barnes & Noble, and Macy's, has experienced substantial growth and is considered one of the most dominant retail markets in northern Indiana and southwestern Michigan. This property presents a unique opportunity for high-profile restaurant, hotel, or commercial development. The site may also be available for a ground lease. The asking price for this exceptional property is $409,500. The property is located in St. Joseph County, Indiana, with a zip code of 46530.

    Property Features for 0 University Dr

    General Information

    Property type
    Land
    Lot Size
    50,965 SF

    HighLights

    • Ideally situated between University Park Mall and SuperTarget.
    • High‑traffic location with excellent visibility.
    • Strong retail synergy with nearby national anchors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.182936
    Latitude
    41.7194606

    Nearby Similar for Sale

    • $175,000
      Pending

      Mishawaka Duplex on Corner Lot

      Well-maintained duplex in Mishawaka, ideal for investment with long-term tenants.
      902 S Main St, Mishawaka, IN 46544
      View Details
    • $1,350,000

      Mixed-Use Property in Downtown Mishawaka

      Investment opportunity near Mishawaka Riverwalk with retail and apartments.
      608 N Main St, Mishawaka, IN 46545
      View Details
    • $249,000
      2,080 SF

      Mishawaka Office Building For Sale

      Two-story, 2,080 SF office building in downtown Mishawaka.
      607 W Lincolnway Hwy, Mishawaka, IN 46544
      View Details
    • $275,000
      1,656 SF

      Mishawaka Villa in Reverewood

      Well-maintained 3-bedroom villa with sunroom in desirable Reverewood neighborhood.
      1119 Warrington Ct, Mishawaka, IN 46544
      View Details
    • $749,000
      6,100 SF

      Edison Lakes Class A Office

      Class A office building in Mishawaka's prime office park.
      3550 Park Pl W, Mishawaka, IN 46545
      View Details
    • Contact for pricing
      88,854 SF

      Edison Lakes Corporate Office Park

      Class A office building in a prime corporate park.
      1301 E Douglas Rd, Mishawaka, IN 46545
      View Details

    FAQs

    What type of property is this?
    Land - 1.17-acre development site, prime location.
    Where is this land located?
    The property is located at University Dr Mishawaka, IN.
    What is the asking price?
    The asking price for this property is $409,500.
    What are key features of this property?
    This property features: Ideally situated between University Park Mall and SuperTarget.; High-traffic location with excellent visibility.; Strong retail synergy with nearby national anchors.
    (574) 271-4060
    Request Owner's contact information
    University Dr Mishawaka, IN 46530
    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.
    University Dr
    Mishawaka, IN 46530
    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
    University Dr Mishawaka, IN 46530
    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.