Financial
Distress signals
Property profile

4505 Ameritech Dr South Bend, IN 46628

FOR LEASE
Drive through restaurants
Property ID
US31-1557296
2,025 SF 1 ac lot Built 2014
Last sale Apr 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.25-acre commercial land outlot presents a unique investment opportunity in South Bend, Indiana. Located at the highly visible northwest corner of Brick Road and Ameritech Drive, this property is part of the newly constructed Carbonmill Plaza, a thriving multi-tenant center. The outlot offers excellent access to US 20/31 Bypass and I-80/90 Toll Road, ensuring high traffic counts and strong visibility. The site benefits from its proximity to Blackthorn Corporate Office Park…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$376k
Assessed land$131k
Assessed improvement$245k
Effective rate3.38%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.4
Hair Salon9.1
Garden Center8.9

Location

4505 Ameritech Dr South Bend, IN 46628
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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3030 Lincoln W, South Bend, IN 46628-1946 $700,000 Apr 2025 6,600 SF
2317 Lincoln W, South Bend, IN 46628-2515 $10,000 Aug 2023 2,426 SF
3401 Lincoln W Way, South Bend, IN 46628-1454 $1,325,000 Apr 2021 No data
22858 Us Hwy 20, South Bend, IN 46628-5505 $340,000 Apr 2021 5,730 SF
1505 Lincoln W, South Bend, IN 46628-2419 $35,500 Mar 2019 3,122 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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