315 Ireland RdSouth Bend, IN 46614
- Retail properties
- 11,180 SF
Property Details for 315 Ireland Rd
- Year built
- 2008
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.39 AC
- Property size (Sq ft)
- 11,180 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 71-08-26-200-016.000-002
- APU
- 710826200016000002
Description
This 11,120-square-foot retail strip center, built in 2007, is situated on a 1.52-acre lot at the highly visible intersection of Ireland Road and Lafayette Boulevard in South Bend, Indiana. The property boasts a prime location within a thriving retail corridor, directly across from major retailers such as Walmart, Lowe's, and Gates Toyota. Currently, 82% occupied, the center offers 1,495 square feet of available space. Existing tenants include Edward Jones, Jersey Mike's Subs, MyEyeDr., and Macri's Italian Kitchen, demonstrating a strong tenant mix. The property's strategic placement at a signalized intersection ensures high visibility and accessibility for potential customers. This presents a unique opportunity for investors seeking a well-located, partially vacant retail property in a high-demand area of South Bend. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and return on investment. The address is 315 W Ireland Rd, South Bend, IN 46614.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,892,999
- 6.5%
- $2,670,461
- 7%
- $2,479,714
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,669,612
- Geo Method
- $3,669,612
-
Alternative Use
- Use
- Valuation
- Residential
- $2,252,634
- Hospitality
- $2,063,400
- Educational
- $1,716,725
- Medical
- $1,775,766
- Retail
- $2,670,461
Location Insight
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Latitude
- 41.6295
- Longitude
- -86.2542
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].