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    Property profile & analytics

    5113 Western Ave South Bend, IN 46619-2313

    • Drive through restaurants
    • 2,522 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US31-1534531
    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

    • Pizza Hut / Pizza Takeout / Pizza Delivery

    Property Details for 5113 Western Ave

    Year built
    1977
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.62 lot acres
    Property size
    2,522 SF
    Property type
    Drive through restaurants
    APN
    71-08-08-254-027.000-026
    APU
    710808254027000026

    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
    -86.3195
    Latitude
    41.6726
    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
    $3,269
    $21,600
    $75,000
    $96,600
    -
    $21,600
    $75,000
    $96,600

    Comparable in this City

    • Value Estimation
      $315,000
      1,768 SF

      4949 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,768 SF
      4949 Western Ave, South Bend, IN 46619-2309
      View Details
    • Value Estimation
      $295,000
      2,016 SF

      5105 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,016 SF
      5105 Western Ave, South Bend, IN 46619-2313
      View Details
    • Value Estimation
      $355,000
      2,596 SF

      5149 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,596 SF
      5149 Western Ave, South Bend, IN 46619
      View Details
    • Value Estimation
      $330,000
      2,756 SF

      4836 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,756 SF
      4836 Western Ave, South Bend, IN 46619-2308
      View Details
    • Value Estimation
      $305,000
      3,595 SF

      5021 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,595 SF
      5021 Western Ave, South Bend, IN 46619-2311
      View Details
    • Value Estimation
      $370,000
      3,828 SF

      4850 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,828 SF
      4850 Western Ave, South Bend, IN 46619-2308
      View Details

    Similar Nearby for Sale

    • $149,000
      0.22 Acres

      South Bend Mixed-Use Property

      Commercial building with vacant lot, suitable for mixed-use.
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      Turn-Key Restaurant Opportunity in South Bend

      High-visibility commercial building with existing kitchen assets in developing corridor.
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    • $150,000
      744 SF

      Western Avenue Commercial Building

      744 sq ft commercial space on Western Avenue.
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    • $320,000
      0.89 Acres

      South Bend Commercial Land - $320K

      0.89-acre lot, prime business zoning.
      23761 Western Ave, South Bend, IN 46619
      View Details
    • $389,000
      192,000 SF

      Historic South Bend Warehouse

      192,000 SF Warehouse - $389,000
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    • $519,000
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    Similar Nearby for Lease

    • $29 SF/Yr
      6,225 SF

      Prime South Bend Retail Space

      Modern Retail Center, 3 Suites Available
      4921 Western Ave, South Bend, IN 46619
      View Details
    • $4 SF/Yr
      77,000 SF

      77,000 SF Industrial Space Available

      77,000 SF industrial space for sublease until April 2026.
      4491 Mayflower Rd, South Bend, IN 46619
      View Details

    Property Visit Statistics

    • Visits by month
      0
    • Visitors by month
      628
    • Avg Time on site
      22 min
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    5113 Western Ave
    South Bend, IN 46619-2313
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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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