Financial
Distress signals
Property profile

121 Grv St Mishawaka, IN 46545

OFF-MARKET
Banks
Property ID
US31-1854036
3,960 SF 0.67 ac lot Built 1986
Last sale Nov 2024 · $437,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building, located at 121 E Grove St in Mishawaka, Indiana, presents a unique investment opportunity. The property boasts 3,960 square feet of finished office space on the main level, complemented by an additional 3,960 square feet of finished lower-level space – a total of 7,920 square feet. Previously a bank branch, the building features a convenient covered drive-thru area and ample on-site parking. Situated on a 0.96-acre lot at the highly visible corner of

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?
$14k
Tax billed · 2023
Assessed value$403k
Assessed land$120k
Assessed improvement$284k
Effective rate3.35%

Value estimate

· Sep 2026
$440k
$396k – $484k
AI approach$440k

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Skin Care Clinic11.2
Wholesale Shop10.6

Location

121 Grv St Mishawaka, IN 46545-6647
County assessor Recorded deeds · 1 transfer 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
205 Edison, Mishawaka, IN 46545-3103 $575,000 Jun 2022 29,832 SF
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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