Property profile

1510 Clover Rd Mishawaka, IN 46545

OFF-MARKET
Office Spaces
Property ID
US31-1831522
1,080 SF 2 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This Mishawaka, Indiana industrial property offers a unique investment opportunity. Located at 1510 Clover Road, 46545, this two-acre site boasts three existing buildings totaling 4,200 square feet, ideal for manufacturing or storage. The property is zoned I-2, allowing for a variety of uses. Building 1 offers 1,800 square feet with 14-foot ceilings and one overhead door. Building 2 comprises 1,320 square feet, features 12-foot ceilings, two overhead doors, and a restroom. Building 3 is slated for demolition. The property benefits from its convenient location on the north side of Mishawaka, just one mile from the Capital Street Expansion and US 20 (McKinley Highway), providing excellent access to major transportation routes. The asking price is $350,000, translating to $83.33 per square foot. Outside storage is permitted, adding further value to this versatile property. High land value makes this a compelling investment in a thriving industrial area. The property's location near the Capital Street expansion presents significant growth potential.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 1,080 SF
Lot 2 ac (87,120 SF)
APN 71-09-11-176-004.000-022
UPID US31-1831522

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1510 Clover Rd Mishawaka, IN 46545-7253
Mishawaka metro Census 11503 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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