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Property profile & analytics
OFF-MARKET
Office Spaces

51061 State Rte 933 Hwy South Bend, IN 46637

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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