53438 Olive St South Bend, IN 46628
This exceptional 85.5-acre industrial land parcel in South Bend, Indiana, presents a remarkable development opportunity. Strategically located with unparalleled visibility along the US-31 Bypass and minutes from the 80/90 Toll Road interchange, Nimtz Parkway, the Michigan state line, and South Bend International Airport, this property offers unmatched accessibility. Currently zoned for a use that allows for light industrial and manufacturing, the seller is willing to cooperate with rezoning to suit a buyer's specific needs. The site's proximity to a burgeoning area of logistics-based businesses makes it highly attractive for various industrial uses. Utilities, including water and sewer, are readily available at the roadside. Adding to its versatility, the property is divisible, allowing for flexibility in development plans. For developers seeking a build-to-suit option, the seller is open to constructing a facility and leasing it back, providing a unique investment opportunity. The property's Assessed Parcel Number (APN) is 71-03-30-176-004.00. This is a rare chance to acquire a significant land holding in a high-growth area with excellent infrastructure and connectivity. The asking price for this exceptional property is $6,300,000.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.