Realmo Analytics

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Property profile

3838 N Main St Mishawaka, IN 46545

FOR LEASE
Medical Office Space
Property ID
US31-1524404
9,464 SF 2.27 ac lot Built 1990
Last sale Aug 2016 · $2,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a Class A office building within Edison Lakes Corporate Park in South Bend, offering leased office suites sized approximately 750 to 8,348 square feet within an overall building area of about 35,000 square feet. Suites are available in both finished configurations and shell space, supporting a range of tenant layouts, and the property is suitable for medical offices as well as other professional service uses. The building is served by municipal water and sewer and includes 126 surface parking spaces.

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?
$98k
Tax billed · 2023
Assessed value$2.91M
Assessed land$473k
Assessed improvement$2.44M
Effective rate3.39%

Value estimate

· Oct 2026
$700k
$630k – $770k
Submarket $/SF estimate$757k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 1,001.67% cap applied$15k

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?
1,001.67%
$15k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.6
Electrical Service14.3
Storage Facility14.1

Location

3838 N Main St Mishawaka, IN 46545
County assessor Recorded deeds · 5 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

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
270 Day Rd, Mishawaka, IN 46545-3444 $8,600,000 Jul 2022 No data
15011 Day, Mishawaka, IN 46545-4328 $465,000 Feb 2022 2,752 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
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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