You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

55540 Fir Rd Mishawaka, IN 46545

13 ac lot
Property ID
US31-1818768
Property summary
AI-generated overview

This exceptional 13-acre property in Mishawaka, Indiana, presents a unique investment opportunity. Located at 55540 N Fir Rd, this residential zoned land boasts a prime location, situated between McKinley Ave (15,800 daily vehicle count) and Day Rd (12,900 daily vehicle count, per INDOT). The property comprises three parcels and includes a 1,672 sq ft, tri-level home featuring two bedrooms, 1.5 bathrooms, and a two-stall garage. The home offers potential for expansion—a third bedroom could easily be added in the lower level—and could be updated for owner occupancy or used as a rental property. Two well-maintained metal outbuildings enhance the property's versatility. A smaller barn, approximately 1,200 sq ft, is heated, insulated, and equipped with electricity and numerous outlets. A larger pole barn, approximately 6,480 sq ft, features a 10x10 grade-level overhead door with an operator, plus two large (approximately 15x25) sliding doors ideal for heavy equipment access. The pole barn also includes older horse stalls and storage areas. Both barns offer significant storage potential or could generate rental income. Adding to the property's appeal is a fully stocked, 1.25-acre pond. Ample space remains at the rear of the property for new construction, whether a home or additional outbuildings. The property enjoys convenient proximity to major thoroughfares: 1.5 miles from Capital Ave, 2 miles from downtown Mishawaka, 2 miles to the Main St/Grape Rd commercial corridor, 3.5 miles to the Indiana Toll Road, 3 miles to Penn Harris Madison High School, 4.5 miles to the University of Notre Dame, and 5 miles to downtown South Bend. Annual property taxes total $4,127.22. The asking price is $595,000.

Property profile
Verified
Property type Commercial real estate
Lot 13 ac (566,280 SF)
UPID US31-1818768
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 55540 Fir Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message