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Property profile & analytics
FOR LEASE
Manufacturing properties

24355 Edison Rd South Bend, IN 46628

24,600 SF 2.95 ac lot Built 1976
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1328569
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Construction TYPE NOT SPECIFIED
Total area 24,600 SF
Lot 2.95 ac (128,502 SF)
APN 71-03-31-451-003.000-008
UPID US31-1328569
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FORT WAYNE LOGISTICS LLC
FORT WAYNE LOGISTICS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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