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    Property profile & analytics

    50503 Indiana State Rte 933 South Bend, IN 46637-2052

    • Grocery and convenience stores
    • 3,184 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Sep 15, 2023
    Location Intelligence
    Property ID
    US31-2119536
    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

    • Grocery and convenience stores

    Property Details for 50503 Indiana State Rte 933

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.43 lot acres
    Property size
    3,184 SF
    Property type
    Grocery and convenience stores
    APN
    71-03-12-153-008.000-003
    APU
    710312153008000003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2513
    Latitude
    41.7602
    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
    $4,320
    $17,000
    $173,900
    $190,900
    -
    $17,000
    $173,900
    $190,900

    Comparable in this City

    • Value Estimation
      $1,050,000
      35,618 SF

      50630 Indiana State Rte 933rd, Unit 50698

      GROCERY, SUPERMARKET • 35,618 SF
      50630 Indiana State Rte 933rd, South Bend, IN 46637-2054
      View Details
    • Value Estimation
      $325,000
      4,420 SF

      50552 Indiana State Rte 933

      CONVENIENCE STORE • 4,420 SF
      50552 Indiana State Rte 933, South Bend, IN 46637-2051
      View Details
    • Value Estimation
      $310,000
      1,848 SF

      2150 Bnd Ave

      CONVENIENCE STORE • 1,848 SF
      2150 Bnd Ave, South Bend, IN 46637-5640
      View Details
    • Value Estimation
      $315,000
      5,760 SF

      50649 Indiana State Rte 933

      CONVENIENCE STORE • 5,760 SF
      50649 Indiana State Rte 933, South Bend, IN 46637
      View Details
    • Value Estimation
      $315,000
      2,899 SF

      405 Dixie Way

      CONVENIENCE STORE • 2,899 SF
      405 Dixie Way, South Bend, IN 46637-3323
      View Details
    • Value Estimation
      $305,000
      3,680 SF

      50724 Indiana State Rte 933

      CONVENIENCE STORE • 3,680 SF
      50724 Indiana State Rte 933, South Bend, IN 46637-2063
      View Details

    Similar Nearby for Sale

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      Retail property with high traffic and dedicated signage.
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    Similar Nearby for Lease

    • $28 SF/Yr
      4,000 SF

      South Bend Retail Build-to-Suit

      Prime South Bend location, flexible space.
      52885 Sr 933, South Bend, IN 46637
      View Details
    • $16 SF/Yr

      Freestanding Office/Retail Building For Rent

      4,858 SF office/retail building with excellent visibility and parking.
      52530 State Hwy, South Bend, IN 46637
      View Details
    • $24 SF/Yr

      Retail Space Near Notre Dame

      Retail space in high-traffic location near Notre Dame.
      52991 State Rd, South Bend, IN 46637
      View Details
    • $11 SF/Yr

      High-Traffic Retail and Office Building

      Two-story building with retail and office spaces for lease.
      247 N Dixie Way Dr, South Bend, IN 46637
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    • $40 SF/Yr
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      South Bend Auto Repair Site

      3,000 SF Freestanding Building, High Traffic
      50860 State Hwy 933, South Bend, IN 46637
      View Details
    • $12 SF/Yr
      8,500 SF

      State Road 933 Retail Space

      High-traffic retail space available. Ideal for multiple tenants.
      51236 State Hwy 933, South Bend, IN 46637
      View Details
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    South Bend, IN 46637-2052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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