Property profile

607 Meijer Dr Mishawaka, IN 46544

OFF-MARKET
Land
6.07 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6.07-acre commercial land parcel presents a prime development opportunity in Mishawaka, Indiana. Strategically located near the US 20 Bypass and SR 331 interchange, this highly visible site boasts 929 feet of frontage on the US 20 Bypass and 587 feet on Meijer Drive. The property benefits from significant traffic volume, with an annual count of 38,294 vehicles on the US 20 Bypass, 13,434 on SR 331, and 4,468 on Meijer Drive (INDOT TCDS 2023 data). Zoned Commercial C1, the site is suitable for a diverse range of commercial uses. Its location is surrounded by established businesses, including a Meijer store, several quick-service restaurants (McDonald's, Taco Bell, Wendy's, and Subway), BP and Meijer gas stations, Tractor Supply, Rigg's Outdoor Power Equipment, and a Dollar Store. The area also features significant residential density, including the Autumn Lakes Apartments and Townhomes (1,134 units) and the newly developed Autumn Ridge subdivision (100 single-family home lots). Infrastructure is already in place, including roadway lighting, curbs, municipal sewer and water, and utilities extending to the site. Furthermore, a site plan, survey, and Phase 1 Environmental Site Assessment have already been completed, streamlining the development process. This property offers unparalleled access and visibility, making it an ideal investment for developers seeking a high-impact commercial project in a thriving market. The address is 607 Meijer Dr, Mishawaka, IN 46544.

Property profile

Verified
Property type Land
Lot 6.07 ac (264,409 SF)

Cap rate & NOI

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

Location

607 Meijer Dr Mishawaka, IN 46544
Mishawaka metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 607 Meijer Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message