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Property profile & analytics
OFF-MARKET
Land

16000 Douglas Rd Mishawaka, IN 46545

16.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.65-acre commercial land parcel presents a unique investment opportunity in Mishawaka, Indiana. Located at 16000 Douglas Rd, this property boasts a prime position within a thriving retail corridor, directly adjacent to the state-of-the-art St. Joseph Health System Hospital (part of Trinity Health). The site benefits from exceptionally high traffic counts on both Douglas Road (over 18,100 cars daily) and Main Street (over 26,300 cars daily), placing it at the heart of one of Indiana's largest shopping areas. Nearby amenities include Costco, Target, The Up Mall (a Simon Mall), Menard's, Lowe's, Ruth's Chris Steakhouse, CFX Fitness, and a Veteran's Affairs Clinic, among many others. The property is also strategically situated near two desirable residential areas in Granger and Mishawaka, only 2.5 miles from the University of Notre Dame and Eddy Street Commons, 3 miles from the Mishawaka Riverwalk, and 4 miles from downtown South Bend. Multiple golf courses are also within easy reach. Further enhancing its appeal, the property is less than a mile from the new $38 million, 220,000 square foot Mishawaka Fieldhouse (opening in late 2024), and is conveniently located near Four Winds Casino South Bend (with a new hotel opened in 2023) and South Bend International Airport (currently undergoing a $70 million renovation). The property is zoned S2 – Planned Unit Development, and the developer is open to considering parcel sales, build-to-suit options, or land leasing arrangements. This presents a rare chance to be part of a Class A village development in a high-growth area. The APN is 71-04-33-402-009.000-005.

Property profile
Verified
Property type Land
Lot 16.65 ac (725,274 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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