14017 Dragoon Trl Mishawaka, IN 46544-6832
This exceptional 6.93-acre property presents a remarkable development opportunity in Mishawaka, Indiana. Strategically located at the corner of heavily trafficked Capital Avenue/IN-331 (approximately 13,500 vehicles daily, per INDOT data) and Dragoon Trail, this site boasts unparalleled visibility. The property comprises three parcels, offering flexibility for various development plans. Approximately 1.7 acres are zoned Commercial, featuring approximately 350 feet of frontage on Dragoon Trail, ideal for retail or commercial ventures. The remaining 5.23 acres are zoned Residential, providing approximately 630 feet of high-visibility frontage on Capital Avenue/IN-331. A zoning map is available upon request. Powerlines running along Capital Avenue, while present, allow for potential parking lot development. This prime location offers exceptional proximity to key transportation arteries, including the Capital Avenue/US 20 Bypass interchange (just 3/4 of a mile away), Lincolnway East (2 miles), and US 31 South (less than 7 miles). The property is served by the Penn-Harris-Madison School Corporation. The seller is willing to divide the property and adjust pricing accordingly. The asking price for the entire 6.93-acre parcel is $649,000, representing a price per acre of $100,288.60. This is a rare opportunity to acquire a highly visible and strategically located development site in a thriving area.
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BARGAIN BARN Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.