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    Property profile & analytics

    64060 Us Hwy 31 Lakeville, IN 46536-9548

    • Retail space
    • 1,920 SF
    • 6.66 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Dec 03, 2021
    Location Intelligence
    Property ID
    US31-2068065
    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

    • Retail space

    Property Details for 64060 Us Hwy 31

    Year built
    1980
    Construction
    WOOD
    Lot size
    6.66 lot acres
    Property size
    1,920 SF
    Property type
    Retail space
    APN
    71-13-23-127-002.000-027
    APU
    711323127002000027

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.2647
    Latitude
    41.5625
    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
    $1,806
    $50,800
    $37,000
    $87,800
    -
    $50,800
    $37,000
    $87,800

    Comparable in this City

    • Value Estimation
      $290,000
      1,097 SF

      101 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 1,097 SF
      101 Michigan St, Lakeville, IN 46536-7704
      View Details
    • Value Estimation
      $335,000
      5,350 SF

      209 Michigan St, Unit 211

      RETAIL STORES (PERSONAL SERVICES) • 5,350 SF
      209 Michigan St, Lakeville, IN 46536-7702
      View Details
    • Value Estimation by Request
      1,508 SF

      909 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 1,508 SF
      909 Michigan St, Lakeville, IN 46536-9796
      View Details
    • Value Estimation
      $310,000
      7,840 SF

      106 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 7,840 SF
      106 Michigan St, Lakeville, IN 46536-7704
      View Details
    • Value Estimation
      $280,000
      3,758 SF

      117 Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 3,758 SF
      117 Michigan St, Lakeville, IN 46536
      View Details
    • Value Estimation
      $300,000
      1,808 SF

      900 Block Of N Michigan St

      RETAIL STORES (PERSONAL SERVICES) • 1,808 SF
      900 Block Of N Michigan St, Lakeville, IN 46536
      View Details

    Similar Nearby for Sale

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      2.30 Acres

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      Lakeville Commercial Land - $195K

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    • Contact for pricing
      0.13 Acres

      Commercial Land in Lakeville, IN

      Prime commercial land in Lakeville, Indiana, ready for development.
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    • $49,500
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      1.28 acre residential land with lake frontage.
      Tbd Indian School Rd, Lakeville, IN 46536
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    • $74,900
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      Scenic 4-Acre Residential Lot

      Residential land with pond, ideal for building or recreation.
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    • $435,000
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    Similar Nearby for Lease

    • $14 SF/Yr
      1,320 SF

      Lakeville Retail Space For Lease

      Restaurant Space, Multiple Units Available
      410 Motts Aly, Lakeville, IN 46536
      View Details
    • $5,000 /Mo
      12,100 SF

      Mixed-Use Building with Warehouse Space

      Mixed-use building with warehouse and office space for lease.
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      View Details
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    64060 Us Hwy 31
    Lakeville, IN 46536-9548
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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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