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Property profile

3550 Park Pl W Mishawaka, IN 46545

FOR LEASE
Other office properties
Property ID
US31-1366238
6,100 SF Built 1990
Last sale Apr 2021 · $525,000
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 6,100-square-foot Class A office building is located in Park Place Edison Lakes, within a corporate park setting in Mishawaka. The building includes multiple suites totaling 3,528 square feet occupied by a medical office tenant, along with two other suites of approximately 450 square feet and 2,122 square feet that can be combined into 2,572 square feet of contiguous office space. The property is situated in the central area of the Edison Lakes corporate park and is characterized by…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$15k
Tax billed · 2023
Assessed value$501k
Assessed improvement$501k
Effective rate3.00%

Value estimate

· Oct 2026
$525k
$473k – $578k
CAP approach$720k
Submarket $/SF estimate$616k
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$3k
Operating expenses−$3k
NOI · 35,768.18% cap applied$8k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$445/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$78 – $665
Qualifying comparables4

Cap rate analysis

How does the asset earn?
35,768.18%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Service10.7
Nail Salon10.5
Parking Facility10.4

Location

3550 Park Pl W Mishawaka, IN 46545
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3665 Park W, Mishawaka, IN 46545-3566 $5,300,000 Dec 2021 6,152 SF
3625 Park Pl, Mishawaka, IN 46545 $5,300,000 Dec 2021 6,153 SF
3515 Park W, Mishawaka, IN 46545-3571 $5,300,000 Dec 2021 6,168 SF
435 Park Pl, Mishawaka, IN 46545-3576 $5,300,000 Dec 2021 6,024 SF
3510 Park W, Mishawaka, IN 46545-3515 $5,300,000 Dec 2021 6,024 SF
525 Park Pl, Mishawaka, IN 46545-3511 $422,239 Mar 2021 6,168 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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