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Financial
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Property profile

2623 Lincoln W Way South Bend, IN 46628

OFF-MARKET
Commercial real estate
Property ID
US31-1510319
7,530 SF 0.51 ac lot Built 1958
Last sale Jul 2024 · $122,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 7,200 square foot flex space property at 2623 Lincoln Way W, South Bend, IN 46628, is a versatile commercial opportunity. The building features a well-equipped automotive repair shop with four bays. Two bays include two-post hydraulic hoists, one bay has a drive-on hydraulic hoist, and one bay is a non-hoist bay. The shop also includes a customer waiting area and a sizable air compressor room with a functioning air compressor. A substantial 4,900 square foot warehouse or open space area…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$114k
Assessed land$31k
Assessed improvement$83k
Effective rate3.38%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$27 – $106

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.7
Realty agency17.0
Dental Office11.0

Location

2623 Lincoln W Way South Bend, IN 46628-1937
County assessor Recorded deeds · 2 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Vl On Huey, South Bend, IN 46628 $120,000 Apr 2024 No data
3601 Gagnon, South Bend, IN 46628-4366 $375,000 Dec 2023 5,250 SF
55303 Mayflower, South Bend, IN 46628-5129 $210,000 Feb 2021 2,190 SF
2102 Washington, South Bend, IN 46628-2000 $215,000 Jan 2021 12,800 SF
3922 Nimtz, South Bend, IN 46628-4319 $190,000 May 2020 8,640 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
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