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    16000 Douglas Rd Mishawaka, IN 46545
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    16000 Douglas Rd, Mishawaka, IN 46545

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    • Land
    • 16.65 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 16000 Douglas Rd

    Lot size
    16.65 lot acres
    Property type
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1785
    Latitude
    41.7095
    More about this property
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