Property profile

0 St Jerome St Mishawaka, IN 46544

OFF-MARKET
Land
8.7 ac lot
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Property summary

AI-generated overview

This exceptional 8.7-acre commercial land parcel is strategically located on St. Jerome St in Mishawaka, Indiana, zip code 46544, within St. Joseph County. Offered at $391,500, this represents a compelling price of approximately $45,000 per acre. The property boasts the significant advantage of readily available public utilities, simplifying development and construction plans. Its size and accessibility make it highly suitable for a variety of commercial ventures. Furthermore, the property is divisible, offering flexibility for buyers seeking smaller acreage. An additional, smaller lot is also available for purchase, presenting an opportunity for expansion or complementary development. This prime location in Mishawaka provides excellent access to transportation routes and a thriving local economy. Detailed site plans and further information are available upon request. The property's coordinates are 41.6458296 latitude and -86.1660327 longitude. This presents a rare opportunity to acquire a substantial commercial land holding in a desirable Indiana location. Don't miss this chance to secure a valuable asset for your business or investment portfolio.

Property profile

Verified
Property type Land
Lot 8.7 ac (378,972 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

St Jerome St Mishawaka, IN 46544
Mishawaka metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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