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Property profile

221 Day Rd Mishawaka, IN 46545

FOR LEASE
Medical Office Space
Property ID
US31-2724636
2,490 SF 0.84 ac lot Built 2007
Last sale May 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a single-tenant, net-leased ATI Physical Therapy facility comprising approximately 2,563 square feet, configured with a drive-through window and designed for use as a physical therapy clinic. The building is located along West Day Road with frontage on a primary east-west thoroughfare, in an area with established retail and food uses, and is near Interstate 80. The site and building have been operated as an ATI facility since 2014, and the lease structure (as originally…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$573k
Assessed land$342k
Assessed improvement$231k
Effective rate3.38%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$4k
Operating expenses−$22k
NOI · 145,053.33% cap applied$33k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
145,053.33%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.7
Electrical Service15.2
Storage Facility15.1

Location

221 Day Rd Mishawaka, IN 46545
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
270 Day Rd, Mishawaka, IN 46545-3444 $8,600,000 Jul 2022 No data
15011 Day, Mishawaka, IN 46545-4328 $465,000 Feb 2022 2,752 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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