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Property profile & analytics

3521 Grape Rd Mishawaka, IN 46545-2712

  • Auto shops
  • 5,368 SF
  • 1.66 lot acres
OFF-MARKET
Last Sale
Nov 12, 2024
Value Estimations
$550,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-1503942
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.

Current Use by Public Records

  • Auto shops

Property Details for 3521 Grape Rd

Year built
1999
Construction
TYPE NOT SPECIFIED
Lot size
1.66 lot acres
Property size
5,368 SF
Property type
Auto shops
APN
71-09-04-126-024.000-022
APU
710904126024000022

Description

This exceptional 5,456-square-foot free-standing building in Mishawaka, Indiana, presents a unique investment opportunity. Situated on a 1.78-acre lot, the property boasts a high-profile location near the corner of Grape and Edison Roads, within a bustling retail corridor experiencing approximately 16,500 vehicles daily. The building, zoned C4 - Auto-Oriented Commercial, features a large front parking lot and a gated rear lot, ensuring ample space for customers and employees. The interior is divided into two distinct sections. The front half comprises a spacious sales/office area with three private offices, an open area with four built-out cubicles, additional space for more cubicles, a main entry, reception area, and a side door. A phone and data room and one restroom complete this section. The rear half includes five 10'x10' overhead service bays, a service reception area with a small office and side entry, a restroom, utility closet, and a small mezzanine storage area. Two separate HVAC units serve the front and rear sections, supplemented by radiant heat in the service area. The building features a 12'+ clear height, a mix of LED and halogen lighting, 240 amp power with seven 220 amp outlets in the service area, multiple 900 lb lifts, and an oil/water separator. The original roof shows no known leaks. This property benefits from excellent visibility, easy access, and pylon signage potential. Its strategic location near University Park Mall, less than a mile from McKinley Ave (US 20), three miles from SR 331 and SR 23, and five miles from the I-80/90 Toll Road exit, makes it an ideal location for a variety of businesses. The APN is 71-09-04-126-024.000-022, located in St. Joseph County.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $563,000
    Market price range: $152k - $564k
    AI Estimate
    $540,000
    Market price range: $185k - $540k
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $405,000
    Current use
    RETAIL STORES
    $485,000
    Change: +19% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Mishawaka
County
St. Joseph
State
Indiana
Longitude
-86.1882
Latitude
41.6926
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
$18,039
$202,800
$398,500
$601,300
-
$202,800
$398,500
$601,300
More about this property
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