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    270 Day Rd Mishawaka, IN 46545-3444

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    270 Day Rd Mishawaka, IN 46545-3444


    • Medical Office Space
    • 71,131 SF
    • 0.00 lot acres
    Off-Market
    Last Sale Jul 28, 2022
    $8,600,000
    Property ID
    US31-2372662
    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.

    Value Estimations
    $8,110,000
    Show details
    Cap Rate Potential
    6%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Recker Scott F MD / Physician
    • Dr. William Hull / Dental Office
    • Charles Mcdonald Ware / Physician
    • Jordan Nemer / Physician
    • Francu Diana MD / Physician

    Property Details for 270 Day Rd

    Year built
    1992
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.00 lot acres
    Property size
    71,131 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    71-04-33-426-006.000-005
    APU
    710433426006000005

    Description

    This exceptional 3,770-square-foot Class A medical office suite, located at 270 E Day Road, Suite 260, Mishawaka, Indiana, is available for sale or lease. Situated within the Edison Lakes Medical Center complex, this single-tenant space boasts a prime location offering excellent visibility and accessibility. Built in 1994 and extensively renovated in 2020, the suite features new carpet and paint throughout. The first floor encompasses 2,878 square feet and includes a reception/lobby, six exam rooms, an x-ray room, three private offices, ample supply/storage, a nurse station, sterilization room, four restrooms, and a conference room. Separate employee and patient entrances/exits enhance functionality. The second floor adds 892 square feet with a break area, a private office, an open work area, and laundry/storage. The property is zoned S-2 and benefits from its location in the Edison Lakes Corporate Park, providing easy access to major roadways including Douglas, Grape, and Day Roads


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $8,110,000
      ML approach
      $7,790,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $8,070,000
      6.5%
      $7,450,000
      7%
      $6,920,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,985,000
      AUTO REPAIR, GARAGE
      $5,045,000
      APARTMENT HOUSE (5+ UNITS)
      $4,965,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.179
    Latitude
    41.6994
    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
    $5,456
    $14,400
    $146,100
    $160,500
    -
    $14,400
    $146,100
    $160,500
    More about this property
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