0 Douglas Rd Mishawaka, IN 46545
This exceptional 1.05-acre commercial outlot presents a remarkable investment opportunity in Mishawaka, Indiana. Strategically located at the intersection of Douglas Road and Main Street, this property enjoys a prime position within a thriving retail corridor, boasting an abundance of nationally recognized brands such as Costco, Target, and University Park Mall. Its proximity to St. Joseph Health System Hospital (a Trinity Health member) further enhances its desirability. The site is zoned S2-Planned Unit Development, offering flexibility for various commercial uses. The property's location is highly advantageous, situated within two desirable residential areas in Granger and Mishawaka, and conveniently close to the University of Notre Dame, Eddy Street Commons, the Mishawaka Riverwalk, and downtown South Bend. This location benefits from high traffic volume on Douglas Road, one of Indiana's largest shopping corridors. The surrounding area includes a mix of retail, residential, and healthcare facilities, creating a dynamic and vibrant environment. An adjacent 10-acre parcel is planned for a high-density residential development, further enhancing the long-term value of this exceptional outlot. The asking price is $950,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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