Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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