Industrial Warehouse
For Sale
Contact for pricing
1330 High St, South Bend, IN 46601
Industrial campus includes warehouse space with office, dock-high and grade-level doors, plus a fenced outside yard.
Property Size14,616 SF
Price / SF$136.49
Days on Market574
Property Features for 1330 High St
General Information
Standard status
Active
Size
14,616 SF
Property subtype
INDUSTRIAL
Properties For Sale
at 1330 High St Contact us- Floor
- 1
- Size
- 14,616 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1330 High St
- Industrial Campus for Sale or Lease
- Main Building with Office, Three Dock High...
show more
Contact us
- Floor
- 1
- Size
- 57,132 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1330 High St
- Industrial Campus for Sale or Lease
- Main Building with Office, Three Dock High...
show more
Contact us
Listing Agency:
NAI Cressy Commercial Real Estate - Corporate
(574) 271-4060
Listed By:
Christopher Barth
(574) 485-1553
Source:
Moodyscre
Added: Feb 10, 2025
Changed: Aug 14
Last Checked: Aug 14 at 7:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cressy Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
Industrial campus for sale or lease featuring a main building with office and multiple overhead door configurations, including three dock-high doors and four additional OH doors. The site also includes fenced outside yard space.
Warehouse offerings include a 7,632 SF warehouse with office and three dock-high doors, plus a 14,616 SF warehouse with seven grade-level overhead doors. The property is approximately 2.5 miles north of the US 20/31 Bypass and about 5 miles from the South Bend International Airport.
The campus is set up to accommodate varied warehouse and office needs through the combination of dedicated office space and multiple loading door types across two warehouse components.
Warehouse offerings include a 7,632 SF warehouse with office and three dock-high doors, plus a 14,616 SF warehouse with seven grade-level overhead doors. The property is approximately 2.5 miles north of the US 20/31 Bypass and about 5 miles from the South Bend International Airport.
The campus is set up to accommodate varied warehouse and office needs through the combination of dedicated office space and multiple loading door types across two warehouse components.
Key Highlights
- Industrial campus offered for sale or lease
- Main building includes office space, three dock‑high doors, four OH doors, and a fenced outside yard
- 7,632 SF warehouse with an office and three OH doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$113,900
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,278,000
$2.3M
Cap Rate 7%
$1,627,143
$1.6M
Cap Rate 9%
$1,265,556
$1.3M
Market Conditions
NOI Build-Up for 14,616 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$140.3K $9.60/SF
− Vacancy
−$6.3K −$0.43/SF
EGI
$134.0K $9.17/SF
− OpEx
−$20.1K −$1.38/SF
NOI
$113.9K $7.79/SF
Area
South Bend, IN
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,278,000
Cap Rate 7%
$1,627,143
Cap Rate 9%
$1,265,556
Alternative Uses
Best Use
Warehouse
$1.63M
$1.42M – $1.90M
NOI $113,900 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.70M
$3.24M – $4.31M
NOI $258,836 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46601, IN
5,947
Population
2,862
Households
2.1
Avg Household Size
35
Median Age
22%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
2,974
Density / Sq Mi
$27,080
Median Household Income
$26,835
Median Earnings
$784
Median Rent
$131,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial campus includes warehouse space with office, dock-high and grade-level doors, plus a fenced outside yard.
Where is this warehouse located?
The property is located at 1330 High St South Bend, IN.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Industrial campus offered for sale or lease; Main building includes office space, three dock‑high doors, four OH doors, and a fenced outside yard; 7,632 SF warehouse with an office and three OH doors
