51061 State Rte 933 Hwy South Bend, IN 46637
This exceptional commercial property, located at 51061 State Route 933 Highway in South Bend, Indiana, presents a unique investment opportunity. Situated on two lots totaling over half an acre (24,394 sq ft), this property boasts a prime location on a highly trafficked road (15,000+ vehicles daily). Its convenient proximity to numerous restaurants, shops, hotels, the University of Notre Dame, University Park Mall, and easy access to the toll road and Michigan, ensures high visibility and accessibility. The existing office building features a professional design with abundant natural light from numerous windows, a reception area, and private offices. Ample on-site parking is available for employees and visitors. A significant advantage is the presence of a new well and septic system on the vacant parcel, offering future development potential. This property is ideal for a business seeking a highly visible, accessible, and affordable location in a thriving area. The asking price is $190,000. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential.
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.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.