53600 Generations Dr South Bend, IN 46635
This exceptional 9.85-acre commercial land parcel presents a unique investment opportunity in South Bend, Indiana. Strategically located at 53600 Generations Drive, the property boasts high visibility, fronting both Generations Drive and the Indiana Toll Road (I-80/90). Its R-2 zoning allows for a diverse range of development possibilities, including multifamily housing, assisted living facilities, nursing homes, schools (K-12), childcare centers, ministry and religious uses. The site's prime location within the Foundation Center Office Park offers immediate proximity to a thriving ecosystem of multifamily residences, medical and professional offices, and an extensive network of restaurants, shopping centers, and hotels. Furthermore, its adjacency to St. Joseph Regional Medical Center enhances its appeal and potential. The property is also conveniently situated on the Metronet Zing Dark Fiber line, providing access to high-speed internet connectivity. This exceptional location and versatile zoning make this 9.85-acre tract an ideal platform for a variety of commercial ventures. The asking price is $549,000. The property's address is 53600 Generations Drive, South Bend, IN 46635, within St. Joseph County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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