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    Property profile & analytics

    206 Ireland Rd South Bend, IN 46614-2506

    • Retail space
    • 8,536 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $4,630,000
    Last Sale
    Mar 09, 2020
    $4,180,000
    Location Intelligence
    Property ID
    US31-1944407
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant
    • T-Mobile / Cell Phone Store / Cell Phone Accessory Store
    • Modupe Ogunnusi Sofuye / Dentist
    • Aspen Dental - South Bend, IN / Dentist
    • Melissa Ledwidge / Dentist

    Property Details for 206 Ireland Rd

    Year built
    2018
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.63 lot acres
    Property size
    8,536 SF
    Property type
    Retail space
    APN
    71-08-25-301-001.000-002
    APU
    710825301001000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,935,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,965,000
      6.5%
      $3,850,000
      7%
      $3,735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,550,000
      Geo Method
      $3,845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,050,000
      Retail
      $4,505,000
      Mixed-Use
      $4,765,000
      Hospitality
      $4,725,000
      Educational
      $3,780,000
      Residential Income
      $3,905,000
      Energy
      $4,195,000
      Income-Based Land
      $4,460,000
      Food Service
      $3,785,000

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2534
    Latitude
    41.6283
    CBSA code
    43780
    CBSA name
    SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,847
    $142,600
    $827,900
    $970,500
    -
    $142,600
    $827,900
    $970,500

    Comparable in this City

    • Value Estimation by Request
      3,368 SF

      63992 State Rd 331

      RETAIL STORES (PERSONAL SERVICES) • 3,368 SF
      63992 State Rd 331, South Bend, IN 46614-9693
      View Details
    • Value Estimation by Request
      11,424 SF

      1906 Ireland Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,424 SF
      1906 Ireland Rd, South Bend, IN 46614-2863
      View Details
    • Value Estimation
      $330,000
      16,068 SF

      2902 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 16,068 SF
      2902 Michigan St, South Bend, IN 46614
      View Details
    • Value Estimation
      $325,000
      7,500 SF

      62981 Us 31st S

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      62981 Us 31st S, South Bend, IN 46614-4855
      View Details
    • Value Estimation
      $305,000
      4,460 SF

      4325 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 4,460 SF
      4325 Michigan St, South Bend, IN 46614-2549
      View Details
    • Value Estimation
      $350,000
      10,945 SF

      2715 Main St

      RETAIL STORES (PERSONAL SERVICES) • 10,945 SF
      2715 Main St, South Bend, IN 46614-1019
      View Details

    Similar Nearby for Sale

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      Office Building with Security System

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    Similar Nearby for Lease

    • $2,600 /Mo

      Retail/Office Space on Ireland Road

      Retail/office space in a high-traffic South Bend location.
      505 E Ireland Rd, South Bend, IN 46614
      View Details
    • $21 SF/Yr

      Retail Space in High-Traffic Center

      Prime retail space in a thriving South Bend trade area.
      315 W Ireland Rd, South Bend, IN 46614
      View Details
    • $7 SF/Yr

      High-Visibility Retail Space Available

      Spacious 46,645 SF retail space with excellent exposure.
      1911 E Ireland Rd, South Bend, IN 46614
      View Details
    • Contact for pricing

      Renovated Retail Space For Lease

      Recently renovated power center with spaces from 1,200 to 28,000 SF.
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    • $18 SF/Yr
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      Brand New South Bend Retail Space

      Three suites available, 1,200-2,685 sq ft
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    • $16 SF/Yr
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      Renovated Retail Space For Lease

      Recently renovated retail spaces available in a power center.
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      View Details
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    206 Ireland Rd
    South Bend, IN 46614-2506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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