0 Deer Run Dr Mishawaka, IN 46545
Exceptional 14.79-acre development opportunity in Mishawaka, Indiana, zoned S2 PUD, offering flexible usage options. This prime location boasts multiple lot sizes ranging from approximately 3.77 to 11.02 acres, priced at $57,000 per acre. The property features convenient access to major roadways, including proximity to the Capital Avenue extension (SR 331) just two miles away and the I-80/90 Indiana Toll Road only four miles distant. Utilities are readily available, with sewer and water already on-site. The strategic location places the land near a mix of residential areas and a variety of established businesses, both local and national. The site is conveniently situated off Deer Run Drive, between Fir Road, McKinley Highway (Old US 20), and Day Road, and is adjacent to CN rail. The property's central location between Elkhart and South Bend provides excellent accessibility and visibility. The seller is open to subdividing the land to accommodate various development needs. This presents a unique chance to develop in a thriving area with strong infrastructure and diverse surrounding amenities. The former ICE Athletic Center is located nearby.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.