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Property profile & analytics
OFF-MARKET
Land

18923 Cleveland Rd South Bend, IN 46637

5.09 ac lot
Property ID
US31-1337520
Property summary
AI-generated overview

This exceptional 5.09-acre property, located at 18923 Cleveland Rd, South Bend, Indiana (APN: 71-04-19-351-034.00), presents a unique investment opportunity. Situated at the desirable intersection of Cleveland and Juniper Roads, this assemblage of four lots offers unparalleled convenience. A mere five-minute drive separates the property from the Notre Dame campus, while the vibrant shopping and dining options of 933 are also within easy reach. Local schools are nearby, and the Indiana/Michigan state line is just minutes away. The expansive lot size is ideally suited for a multi-family development project, allowing for significant potential returns. Alternatively, it provides ample space for a custom-built home offering substantial privacy. Adding to its appeal, the property includes an existing residential home, currently generating rental income, providing immediate cash flow. This prime location and versatile nature make this a truly exceptional opportunity for discerning investors seeking a high-potential residential development or a unique private estate. The property is zoned for residential use and is ready for immediate development. The asking price for this remarkable property is $1,500,000. Don't miss this chance to acquire a significant piece of South Bend real estate. The zip code is 46637.

Property profile
Verified
Property type Land
Lot 5.09 ac (221,720 SF)
UPID US31-1337520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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