Property profile

5000 Lincolnway Mishawaka, IN 46544

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre vacant lot, located at 5000 Lincolnway E in Mishawaka, Indiana, presents a prime development opportunity. Zoned for both Light Industrial (LI) and Commercial (C-1), this versatile property offers significant flexibility for a range of uses. Its strategic location provides easy access to major transportation arteries, including proximity to Capital Ave/IN-331 (1.5 miles), the US 20 Bypass (4.5 miles), SR 19 (5 miles), and the Indiana Toll Road interchange at Capital Ave (6.5 miles). The lot enjoys a central Mishawaka location, just east of the intersection of Lincolnway E and Bittersweet Rd. An adjacent property is also available for purchase separately. The 2022 property taxes were $1,017. This location offers convenient access to Elkhart and downtown Mishawaka. The zoning map and aerial view provide detailed information on the LI and C-1 zoning designations. This is an ideal site for businesses seeking a strategic location with excellent transportation links and zoning flexibility. The asking price is $175,000, representing a land value of $175,000 per acre.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

5000 Lincolnway 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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