Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

4615 Miami St South Bend, IN 46614

  • Retail space
  • 7,200 SF
  • 1.95 lot acres
Value Estimation
$430,000
Location Intelligence
Property ID
US31-1377277
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Arby's / Deli / Takeout Restaurant
  • Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
  • Kyle F. Hoskins, OD / Optometrist
  • ION Optical- Dr. Kyle Hoskins O.D. / Optometrist
  • Kyle Frederick Hoskins / Optometrist

Property Details for 4615 Miami St

Year built
1970
Construction
TYPE NOT SPECIFIED
Lot size
1.95 lot acres
Property size
7,200 SF
Property type
Retail space
APN
71-08-25-426-015.000-002
APU
710825426015000002

Description

This 10,238 square foot, single-story Class B retail building, constructed in 1970 and renovated in 2007, offers a 3,150 square foot space for lease. Located in South Bend, Indiana (46614), on a 1.77-acre lot (APN: 71-08-25-426-015.000-002), this property boasts a prime location at a fully signalized intersection. The building sits on an outlot of Erskine Plaza, adjacent to a Martin's Supermarket and Menard's, and across from a major retail center anchored by Target, Old Navy, Kohl's, PetSmart, and TJ Maxx. Other nearby retailers include Kroger, Staples, Walmart, and Lowe's, ensuring high visibility and traffic. The available suite features prominent east endcap placement with windows on two exterior walls and ample parking. Pylon and building signage opportunities are available. The zoning is CB. This property presents a unique opportunity for businesses seeking high-traffic exposure in a thriving commercial area. The minimum divisible space is 3,150 square feet, and the maximum contiguous space is also 3,150 square feet. Current tenants include Arby's, Pizza Hut, and Ion Optical.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $410,000
  • CAP approach

    CAP return
    Estimation
    6%
    $540,000
    6.5%
    $460,000
    7%
    $535,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $450,000
    Geo Method
    $490,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $550,000
    Retail
    $545,000
    Mixed-Use
    $495,000
    Hospitality
    $515,000
    Educational
    $500,000
    Residential Income
    $575,000
    Energy
    $480,000
    Income-Based Land
    $590,000
    Food Service
    $460,000

Location Insight

  • Map
  • Local Demand
City
South Bend
County
St. Joseph
State
Indiana
Longitude
-86.2355
Latitude
41.6276
CBSA code
43780
CBSA name
SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,612
$323,800
$344,400
$668,200
-
$323,800
$344,400
$668,200
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message