15022 Douglas Rd Mishawaka, IN 46545
- Retail properties
- 0.82 lot acres
Current Use by Public Records
- Retail properties
Property Details for 15022 Douglas Rd
- Lot size
- 0.82 lot acres
- Property type
- Retail properties
- Property subtype
- Medical offices
Description
This exceptional 2.33-acre commercial development site in Mishawaka, Indiana, presents a unique investment opportunity. Located at the signalized intersection of Douglas and Fir Roads, this property boasts a C-10 Commercial zoning designation (effective July 2024), permitting a wide range of uses including fuel centers, convenience stores, drive-thrus, drugstores, retail, medical offices, and general office space. The site is divisible, with options for purchasing the entire 2.33 acres for $1,456,250, or acquiring a 1.51-acre corner lot for $1,150,000 and a .82-acre lot for $475,000. Lot sizes are adjustable to meet specific needs. This location benefits from its proximity to major infrastructure, including easy access to the Indiana Toll Road (I-80/90), US 20 Bypass, and Capital Avenue Extension. Douglas Road has recently been widened to five lanes at the intersection. High daily traffic counts average 25,000 vehicles (15,000 on Douglas Road and 10,000 on Fir Road). The property enjoys a strategic position near significant developments, including the St. Joseph Regional Medical Center, a new VA Hospital, and the Mishawaka Sports Complex (opening in Fall 2024 or Spring 2025). City water, sewer, and utilities are readily available on-site. This property is ideal for developers seeking a high-visibility location with strong potential for return on investment.
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
- -86.1606
- Latitude
- 41.7097
