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    500 Commerce Dr Lakeville, IN 46536

    • Commercial real estate
    • 2.30 lot acres
    For Sale
    View listing
    $525,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 500 Commerce Dr

    Year built
    1992
    Lot size
    2.30 lot acres
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2765
    Latitude
    41.5289

    Comparable in this City

    • Value Estimation by Request
      140 SF

      Side W Monroe St

      COMMERCIAL (GENERAL) • 140 SF
      Side W Monroe St, Lakeville, IN 46536
      View Details
    • Value Estimation by Request
      340 SF

      304 Michigan St

      COMMERCIAL (GENERAL) • 340 SF
      304 Michigan St, Lakeville, IN 46536
      View Details
    • Value Estimation by Request
      638 SF

      306 Michigan St

      COMMERCIAL (GENERAL) • 638 SF
      306 Michigan St, Lakeville, IN 46536
      View Details
    • Value Estimation by Request
      2,560 SF

      214 Patterson St

      COMMERCIAL (GENERAL) • 2,560 SF
      214 Patterson St, Lakeville, IN 46536-6709
      View Details
    • Value Estimation
      $320,000
      5,454 SF

      305 Michigan St

      COMMERCIAL (GENERAL) • 5,454 SF
      305 Michigan St, Lakeville, IN 46536-7700
      View Details
    • Value Estimation by Request
      1.91 Acres

      Us 31 & Pierce Rd

      Land • 1.91 Acres
      0 Us 31 & Pierce Rd, Lakeville, IN 46536
      View Details

    Similar Nearby for Sale

    • $525,000
      2.30 Acres

      500 Commerce Dr, Lakeville, IN 46536

      Commercial real estate • 2.30 Acres
      500 Commerce Dr, Lakeville, IN 46536
      View Details
    • $195,000
      1.91 Acres

      Lakeville Commercial Land - $195K

      1.9 Acres, High-Traffic Corner Lot
      0 Us 31 & Pierce Rd, Lakeville, IN 46536
      View Details
    • Contact for pricing
      0.13 Acres

      Commercial Land in Lakeville, IN

      Prime commercial land in Lakeville, Indiana, ready for development.
      213 S Michigan St, Lakeville, IN 46536
      View Details
    • $74,900
      4.18 Acres

      Scenic 4-Acre Residential Lot

      Residential land with pond, ideal for building or recreation.
      W 1St Rd, Lakeville, IN 46536
      View Details
    • $435,000
      2.30 Acres

      Mixed-Use Building with Warehouse Space

      Mixed-use building featuring warehouse and office space with ample parking.
      500 Commerce Dr, Lakeville, IN 46536
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,320 SF

      Lakeville Retail Space For Lease

      Restaurant Space, Multiple Units Available
      410 Motts Aly, Lakeville, IN 46536
      View Details
    • $5,000 /Mo
      12,100 SF

      Mixed-Use Building with Warehouse Space

      Mixed-use building with warehouse and office space for lease.
      500 Commerce Dr, Lakeville, IN 46536
      View Details
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    500 Commerce Dr
    Lakeville, IN 46536
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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