Financial
Distress signals
Property profile

205 Edison Rd Mishawaka, IN 46545

OFF-MARKET
Other individual retail properties
Property ID
US31-2376279
29,832 SF 1.83 ac lot Built 1977
Last sale Jun 2022 · $575,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This former fitness center is a two-level facility totaling 27,080 SF, with 17,190 SF on the first floor and 9,890 SF on the upper level. The interior layout includes a substantial open gym area, locker rooms, showers, and racquetball courts. The building is configured for continued fitness or recreation use, subject to applicable approvals, and includes onsite parking. The property is located on Edison Road between Grape Road and Main Street within the University Park Trade area, in a

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$40
Tax billed · 2023
Assessed value$1.68M
Assessed land$333k
Assessed improvement$1.35M
Effective rate0.00%

Value estimate

· Sep 2026
$540k
$486k – $594k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.8
Barber Shop10.1
Laundry Service9.6

Location

205 Edison Rd Mishawaka, IN 46545-3103
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1217 Mckinley, Mishawaka, IN 46545-4221 $1,300,000 Dec 2025 27,140 SF
121 Grv St, Mishawaka, IN 46545-6647 $437,500 Nov 2024 N/A
922 Division, Mishawaka, IN 46545-6607 $124,500 Feb 2021 1,368 SF
4211 Grape, Mishawaka, IN 46545-2657 $765,000 Nov 2020 8,650 SF
13060 Jefferson, Mishawaka, IN 46545-7536 $800,000 Nov 2020 3,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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