Property profile

607 Meijer Dr Mishawaka, IN 46544

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 6.09-acre parcel of industrial land presents a prime opportunity for development in Mishawaka, Indiana. Located at 607 Meijer Drive, this shovel-ready site boasts unparalleled visibility and accessibility. Originally a Meijer outlot, the property offers direct frontage on Meijer Drive and an impressive 749 feet of exposure along the US 20 Bypass (St. Joseph Parkway). Its high-profile location places it directly across from a Meijer store, McDonald's, and Taco Bell, ensuring significant foot and vehicle traffic. The proximity to the SR 331 and US 20 bypass interchange further enhances its strategic advantage, providing easy access for customers and employees. This property is zoned for commercial or retail use, making it ideal for a variety of development projects. The site is situated within the Penn-Harris-Madison School Corporation district. With its excellent location, high visibility, and convenient access, this property represents a compelling investment opportunity for businesses seeking a strong presence in a thriving market. The asking price for this exceptional property is $399,000. Don't miss this chance to acquire a truly remarkable piece of commercial real estate in a high-growth area.

Property profile

Verified
Property type Land

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
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Value estimations

Realmo proprietary · 4 methods
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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
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