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Property profile

309 N Bittersweet Rd Mishawaka, IN 46544

FOR LEASE
Medical Office Space
Property ID
US31-1825947
7,000 SF 0.58 ac lot Built 2001
Last sale Jul 2020 · $480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a freestanding building totaling 7,000 square feet, situated on a 0.6-acre lot in Mishawaka, Indiana. Currently, approximately 2,150 square feet is available, with flexible space ranging from 1,925 to 2,150 square feet. The property boasts a modern façade, having undergone renovations in 2020. The building, constructed in 1999, features a single story and is zoned C-2 Commercial. The location offers unparalleled visibility, directly across from…

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?
$18k
Tax billed · 2023
Assessed value$533k
Assessed land$52k
Assessed improvement$481k
Effective rate3.35%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 131,505.26% cap applied$25k

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?
131,505.26%
$25k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.6
Dental Office17.6
Wholesale Shop17.3

Location

309 N Bittersweet Rd Mishawaka, IN 46544
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

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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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