Property profile

0 Cor Fulmer Rd. & Gladewood Dr Mishawaka, IN 46544

OFF-MARKET
Land
8.79 ac lot
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Property summary

AI-generated overview

This exceptional 8.79-acre commercial land parcel presents a unique investment opportunity in Mishawaka, Indiana. Located at the southwest corner of Fulmer Road and Gladewood Drive, this property boasts a highly desirable S-2 Planned Unit Development zoning, opening doors to a variety of development possibilities. Ideal uses include multifamily residential, senior or assisted living facilities, nursing homes, general medical offices, or other commercial ventures. The asking price is $1,583,000, translating to $180,000 per acre, reflecting the prime location and development potential. The site benefits from its proximity to established developments, including the Market Rate Autumn Lakes Apartment and Townhome community, ensuring a strong existing infrastructure and resident base. Convenient access to major transportation arteries is another key advantage, with a two-minute drive to the U.S. 20 Bypass Interchange at Bremen Highway providing easy connectivity throughout the region. All essential utilities are readily available, including municipal sewer and water services, simplifying the development process. This strategically located parcel offers significant upside for investors seeking a high-return opportunity in a thriving Indiana market. Don't miss this chance to acquire a premier commercial land site with exceptional potential. The property is situated in St. Joseph County, Indiana, with a 46544 zip code.

Property profile

Verified
Property type Land
Lot 8.79 ac (382,892 SF)

Cap rate & NOI

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

Location

Cor Fulmer Rd. & Gladewood Dr Mishawaka, IN 46544
Mishawaka metro
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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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