Property profile

1736 Day Rd 1820 Mishawaka, IN 46545

OFF-MARKET
Office Spaces
Property ID
US31-1935161
11,088 SF 2.2 ac lot Built 2015
Individually Owned 13-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A medical office space, totaling 2,120 square feet, is situated within THE PLAZA at Day & Fir (Phase III) in Mishawaka, Indiana, at 1736 E Day Rd, 46545. The property boasts a convenient location, offering easy access to major roadways including the Indiana Toll Road (80/90), US 20 By-Pass, and Capital Avenue. The building, constructed in 2017, is part of a three-building complex situated on 3.5 acres and features ample parking (225+ spaces), including a new lot built in 2022 with Fir Road access. This first-floor suite benefits from high visibility and prominent building and monument signage, experiencing over 13,000 car passes daily. The space is part of a thriving professional community, including The South Bend Clinic (with a new 4,000 sq ft spa), three healthcare companies, three financial services companies, an insurance company, and other professionals. The location is strategically positioned near significant developments such as the St. Joseph Regional Medical Center, a new VA Hospital, WSBT-TV Building, and various other medical and assisted living facilities. Furthermore, its proximity to the new Mishawaka Sports Complex (opening in 2024) and University Park Regional Mall enhances its appeal. The zoning is C-1 Commercial, and the minimum divisible space is 2,120 square feet, with a maximum contiguous space of 2,120 square feet. The total building size is 10,000 square feet, with one suite currently available.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2015
Construction WOOD
Total area 11,088 SF
Lot 2.2 ac (95,832 SF)
APN 71-04-35-351-011.000-022
UPID US31-1935161

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Financial Advisor
  • Physician
  • Financial Advisor
  • Physician

Location

1736 Day Rd, Unit 1820 Mishawaka, IN 46545-4330
Mishawaka metro Census 11505 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.31M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M

Owner & transaction history

since 2013
1 recorded transaction
2013
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1736 Day Rd, Unit 1820?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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