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Property profile

5505 Grape Rd Mishawaka, IN 46545

OFF-MARKET
Retail space
Property ID
US31-2192631
14,880 SF 1.77 ac lot Built 1981
Last sale Jun 2017 · $690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 15,000-square-foot commercial building located on Grape Road along a high-traffic corridor with over 24,000 vehicles per day, within a strong regional demographic trade area. The building is currently configured as a climbing gym but has an adaptable interior layout suitable for other commercial uses. The site is positioned adjacent to properties that can be redeveloped, supporting potential future development of nearby parcels.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$757k
Assessed land$478k
Assessed improvement$279k
Effective rate3.39%

Value estimate

· Oct 2026
$490k
$441k – $539k
AI approach$490k
Submarket $/SF estimate$720k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$33 – $132

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.4
Law Firm11.0
Electrical Service10.7

Location

5505 Grape Rd Mishawaka, IN 46545-1216
County assessor Recorded deeds · 7 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1217 Mckinley, Mishawaka, IN 46545-4221 $1,300,000 Dec 2025 27,140 SF
121 Grv St, Mishawaka, IN 46545-6647 $437,500 Nov 2024 No data
205 Edison, Mishawaka, IN 46545-3103 $575,000 Jun 2022 29,832 SF
922 Division, Mishawaka, IN 46545-6607 $124,500 Feb 2021 1,368 SF
4211 Grape, Mishawaka, IN 46545-2657 $765,000 Nov 2020 8,650 SF
13060 Jefferson, Mishawaka, IN 46545-7536 $800,000 Nov 2020 3,260 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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