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    Property profile & analytics

    518 Lincolnway W Mishawaka, IN 46544-1807

    • Medical offices
    • 1,768 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US31-1665818
    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

    • Dr. Michelle R. Vance, DDS / Dentist
    • Michiana Dental Care / Dentist
    • Bartman Jamie DDS / Dentist
    • Guerrant George DDS / Dentist
    • Brockman Amy DDS / Dentist

    Property Details for 518 Lincolnway W

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    1,768 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    71-09-16-178-005.000-023
    APU
    710916178005000023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $415,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $395,000
      Mixed-Use
      $430,000
      Hospitality
      $335,000
      Educational
      $390,000
      Residential Income
      $335,000
      Energy
      $320,000
      Income-Based Land
      $375,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1869
    Latitude
    41.6614
    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
    $7,441
    $41,000
    $181,300
    $222,300
    -
    $41,000
    $181,300
    $222,300

    Comparable in this City

    • Value Estimation
      $290,000
      1,305 SF

      2206 Lincolnway E

      MEDICAL BUILDING • 1,305 SF
      2206 Lincolnway E, Mishawaka, IN 46544-3301
      View Details
    • Value Estimation
      $340,000
      9,834 SF

      201 Lincolnway W

      MEDICAL BUILDING • 9,834 SF
      201 Lincolnway W, Mishawaka, IN 46544-1905
      View Details
    • Value Estimation
      $385,000
      9,475 SF

      5314 Lincolnway E

      MEDICAL BUILDING • 9,475 SF
      5314 Lincolnway E, Mishawaka, IN 46544-4249
      View Details
    • Value Estimation
      $305,000
      2,340 SF

      116 3rd St

      MEDICAL BUILDING • 2,340 SF
      116 3rd St, Mishawaka, IN 46544-2024
      View Details
    • Value Estimation
      $315,000
      2,508 SF

      2424 5th St

      MEDICAL BUILDING • 2,508 SF
      2424 5th St, Mishawaka, IN 46544-3422
      View Details
    • Value Estimation
      $410,000
      7,000 SF

      309 Bittersweet Rd

      MEDICAL BUILDING • 7,000 SF
      309 Bittersweet Rd, Mishawaka, IN 46544-4220
      View Details

    Similar Nearby for Sale

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      Mishawaka Office Building For Sale

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      1-Acre Mishawaka Development Land
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    • $82,000
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      Mishawaka Commercial Land Opportunity

      2.03 acre commercial land parcel in St. Joseph County.
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      Commercial Land on High-Traffic Corner

      Commercial land available on a high-traffic corner lot.
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    Similar Nearby for Lease

    • $15 SF/Yr
      15,100 SF

      Mishawaka Medical Office Space

      Downtown Mishawaka medical office suite available.
      303 Main St, Mishawaka, IN 46544
      View Details
    • Contact for pricing
      5,192 SF

      Mishawaka Medical Office Building

      New Construction, Single Tenant, High Visibility
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      View Details
    • $24 SF/Yr
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      Avalon Downtown Mishawaka Office Space

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    • $11 SF/Yr
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      Yorktown Building: Mishawaka Investment

      Historic Mishawaka building, prime location, mixed-use potential.
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      View Details
    • $20 SF/Yr
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      200 Church St

      Restaurants • 32,891 SF
      200 Church St, Mishawaka, IN 46544
      View Details
    • $4 SF/Yr
      13,504 SF

      Mishawaka Commercial Land Opportunity

      Prime Mishawaka location, build-to-suit.
      501 Lincolnway, Mishawaka, IN 46544
      View Details
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    Mishawaka, IN 46544-1807
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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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