24355 Edison Rd South Bend, IN 46628
For Lease
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This exceptional 45.82-acre parcel, located at 24355 Edison Rd, South Bend, Indiana (zip code 46628), presents a unique investment opportunity. Designated by the APN numbers 71-03-31-451-001.000-009 and 71-03-31-426-001.000-009, this property is zoned for Industrial and Commercial use (IL zoning). Owned by Cogent Industrial Partners, LLC, the land is currently offered for sale by owner. The site is conveniently situated and comprises twelve individual lots ranging in size from approximately 3.0 acres to 11.3 acres. Individual lot pricing varies, ranging from $1,000,000 to $4,000,000, reflecting a price per acre between $227,273 and $400,000. Specific lot sizes and pricing are available upon request. This prime location offers significant potential for various commercial and industrial developments, making it an attractive proposition for discerning investors seeking a strategic foothold in the South Bend market. The property's size and zoning flexibility provide ample opportunity for a wide range of projects. Detailed site plans and further information are readily available. This is a rare opportunity to acquire a substantial land holding in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.