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Property profile & analytics
OFF-MARKET
Office Spaces

51256 State Hwy South Bend, IN 46637

2.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre property, located at 51256 State Hwy 933 in South Bend, Indiana, presents a compelling development opportunity. Boasting over 140 feet of frontage on the high-traffic State Road 933 (SR 933), this site enjoys an average daily traffic count exceeding 16,500 vehicles. The property is zoned for both commercial and single-family residential use, offering flexibility for various development plans. Currently, the land includes a three-bedroom, 1.5-bathroom residential dwelling and four utility sheds. Developers can explore options for converting the existing home into office space or demolishing it to construct a new commercial building. The strategic location, less than one mile from the Michigan/Indiana state line, less than two miles from the Indiana Toll Road (I-80/90), and three miles from the University of Notre Dame campus, ensures excellent visibility and accessibility. This prime location, combined with the substantial lot size and high traffic volume, makes this property an attractive investment for those seeking a high-impact commercial development project in a thriving area. The property's address is 51256 State Hwy 933, South Bend, IN 46637, and it is situated in St. Joseph County. The asking price is $350,000.

Property profile
Verified
Property type Office Spaces
Lot 2.51 ac (109,336 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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