Parcel 1 Park Pl Dr & Filbert Rd Mishawaka, IN 46545
- Land
- 6.50 lot acres
Current Use by Public Records
- Land
Property Details for Parcel 1 Park Pl Dr & Filbert Rd
- Lot size
- 6.50 lot acres
- Property type
- Land
Description
This exceptional 6.5-acre parcel is situated at the southwest corner of Park Place Drive and Filbert Road in Mishawaka, Indiana (zip code 46545). Zoned S2 PUD, this property presents a unique opportunity for commercial, multifamily, or office development. The land is conveniently located near major office parks, thriving residential subdivisions, and over 5 million square feet of retail space. Its proximity to the Edison Lakes Corporate Park, a 700-acre mixed-use development boasting Class A office space, hotels, retail, and residential components, further enhances its desirability. The recent addition of Saint Joseph Regional Medical Center's new 100-acre state-of-the-art hospital and campus adds to the area's robust growth and economic vitality. The Edison Lakes Corporate Park area itself encompasses over 700,000 square feet of Class A office space and approximately 3,000,000 square feet of retail space, including numerous hotels, restaurants, and residential developments, representing over $500 million in private and public investment. The property is also located near a significant university retail trade area. The asking price for the entire 6.5-acre parcel is $250,000. The property is divisible, and ground lease options are also available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.1791
- Latitude
- 41.6994
