Financial
Distress signals
Property profile

1301 E Douglas Rd Mishawaka, IN 46545

FOR SALE
Commercial land
Property ID
US31-1755212
0.14 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A office building, located at 1301 E Douglas Rd in Mishawaka, Indiana, offers 88,854 square feet of premium executive office space. Currently, there are 16,292 contiguous square feet immediately available, divisible into units as small as 8,000 square feet. The building boasts a desirable multi-tenant occupancy structure. Built in 2007, this property sits on a spacious 10.33-acre lot, providing abundant free on-site parking for tenants and their guests. Its strategic…

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.

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?
$222
Tax billed · 2023
Assessed value$7k
Assessed land$7k
Effective rate3.00%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$1.26M
Vacancy & credit loss−$277k
Operating expenses−$245k
NOI · 8.18% cap applied$736k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
8.18%
$736k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.9
Auto Repair Shop14.8
HVAC Service12.9

Location

1301 E Douglas Rd Mishawaka, IN 46545
County assessor Recorded deeds · not on file 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
406 Mckinley, Mishawaka, IN 46545-6211 $212,500 Jun 2024 No data
1101 Mckinley, Mishawaka, IN 46545-4223 $120,000 Mar 2024 No data
1215 Jefferson, Mishawaka, IN 46545-7111 $180,000 Jun 2022 No data
13750 Mckinley, Mishawaka, IN 46545-7473 $450,000 Apr 2022 No data
Vl Fir, Mishawaka, IN 46545 $85,000 Sep 2021 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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