3903 Portage Rd South Bend, IN 46628
For Lease
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This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in South Bend, Indiana. Located at 3903 Portage Road, this property boasts a prime location on the rapidly developing northwest side of the city, directly north of a Walmart Supercenter and the Clocktower Lane retail center. The site offers significant potential for a variety of commercial uses, including a freestanding restaurant or a small multi-tenant retail building. Built in 2005, the land is fully serviced with all utilities readily available on-site. A key advantage is the potential for cross-easement access from the adjacent Walmart, allowing for shared parking opportunities and enhanced customer convenience. The property's design thoughtfully incorporates retention and drainage systems, ensuring efficient land use. Nearby new businesses include a KFC across the street and a Jimmy John's in a Meijer outlot, indicating a thriving and expanding commercial corridor. This 1-acre lot provides ample space for development, making it an ideal location for businesses seeking high visibility and accessibility in a rapidly growing area. The property is zoned for commercial use and is offered at an attractive asking price of $335,000. This is a NNN lease type property with multi-tenancy potential. The property is situated in St. Joseph County, Indiana, with a zip code of 46628.
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The UPS Store Courier Service Postal Service
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WIN Home Inspection - South Bend Home Inspector
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Joe Z Tailoring & Alterations (Bike/Boat/Book/etc) Store
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Tlc Well Service LLC Construction Company General Contractor
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JMHC Solutions Home Health Care Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.