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    Property profile & analytics

    212 Edison Rd Mishawaka, IN 46545-8301

    • Strip malls
    • 12,876 SF
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US31-1753026
    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

    • Stat Pharmacy / Pharmacy
    • Dr. Alex Gatzimos / Internist
    • Michiana Adult Medical Specialists / Doctor
    • American Nursing Care / Home Health Care Service
    • Maul Derek P DC / Chiropractor

    Property Details for 212 Edison Rd

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.80 lot acres
    Property size
    12,876 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    71-04-33-451-017.000-005
    APU
    710433451017000005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $585,000
      6.5%
      $600,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $520,000
      Mixed-Use
      $570,000
      Hospitality
      $670,000
      Educational
      $645,000
      Residential Income
      $620,000
      Energy
      $625,000
      Income-Based Land
      $670,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1841
    Latitude
    41.6956
    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
    $21,720
    $468,000
    $172,700
    $640,700
    -
    $468,000
    $172,700
    $640,700

    Comparable in this City

    • Value Estimation by Request
      158,978 SF

      5948 Grape Rd

      SHOPPING CENTER, STRIP CENTER • 158,978 SF
      5948 Grape Rd, Mishawaka, IN 46545
      View Details
    • Value Estimation by Request
      241,529 SF

      5851 Grape Rd

      SHOPPING CENTER, STRIP CENTER • 241,529 SF
      5851 Grape Rd, Mishawaka, IN 46545-1226
      View Details
    • Value Estimation by Request
      19,750 SF

      227 University Dr

      SHOPPING CENTER, STRIP CENTER • 19,750 SF
      227 University Dr, Mishawaka, IN 46545-1104
      View Details
    • Value Estimation by Request
      241,529 SF

      5901 Grape Rd

      SHOPPING CENTER, STRIP CENTER • 241,529 SF
      5901 Grape Rd, Mishawaka, IN 46545-1224
      View Details
    • Value Estimation
      $3,140,000
      26,020 SF

      535 Edison Rd, Unit 605

      SHOPPING CENTER, STRIP CENTER • 26,020 SF
      535 Edison Rd, Mishawaka, IN 46545-8824
      View Details
    • Value Estimation by Request
      16,650 SF

      615 Edison Rd

      SHOPPING CENTER, STRIP CENTER • 16,650 SF
      615 Edison Rd, Mishawaka, IN 46545-8861
      View Details

    Similar Nearby for Sale

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      Retail property for sale near University Park Mall entrance.
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      Adaptable 15,000 SF building in high-traffic commercial corridor.
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    Similar Nearby for Lease

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      24,000 SF

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      Regional Power Center Retail Space

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    • $12 SF/Yr
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    • $30 SF/Yr
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      Mishawaka, IN retail space available. High traffic location.
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    • Contact for pricing

      Retail Space in Indian Ridge

      Retail space available in a large shopping center.
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      View Details
    • $16 SF/Yr
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      Retail Space in Mishawaka Center

      Retail space available in a multi-tenant shopping center.
      227-317 W University Dr, Mishawaka, IN 46545
      View Details
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    212 Edison Rd
    Mishawaka, IN 46545-8301
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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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