$559,000
Great development and exposure opportunity on approx. 6.93 acres on the corner of heavily traveled Capital Ave. (over 13,500 cars daily, INDOT traffic count) and Dragoon Trl. Approx. 5.2 acres buildable, the remainder of the property can be used as drainage or parking with AEP approval (NOTE: Power lines are on property running along Capital Ave.). Approx. 1.7 acres zoned Commercial (front of property facing Dragoon Trl. with approx. 350 ft. of frontage on Dragoon). The remaining 5.23 acres zoned Residential with approx. 630 ft. of visibility on Capital Ave./IN-331. Excellent proximity, only 3/4 of a mile from Capital Ave/US 20 Bypass interchange, 2 miles from Lincolnway E, and less than 7 miles from US 31 South. Will divide and price accordingly. Total Taxes: $1,728.40. Tax Year 2023 pay 2024.
Corner of Capital Ave/IN-331 and Dragoon Trl.
MLS # | 202500557 |
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Date Listed | 2025-01-07 |
Status | Active |
Property Type | Lots and Land |
Property SubType | Commercial Land |
Type | Commercial Land |
Annual Taxes | $1,728.40 |
Year Taxes Payable | 2025 |
Days on Market | 90 |
Breakfast Area | 630 × | Level |
Construction | Commercial Land |
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Lot Size | 301,871 sq ft |
Acreage | 6.93 Acres |
Lot Dimensions | 500X700 |
Fence | None |
Area | St. Joseph County |
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County | St. Joseph |
Subdivision | None |
Township | Penn |
City | Mishawaka |
State | IN |
Zip | 46544 |
School District | Penn-Harris-Madison School Corp. |
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Elementary | Elm Road |
Middle School | Grissom |
High School | Penn |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202500557
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of John Piraccini
Coldwell Banker Real Estate Group
VM: 574-243-9522
Listing updated January 7, 2025 at 12:30 pm
Last checked 13 minutes ago