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Industrial Facility with Clear-Span Space
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3502 W Sample St, South Bend, IN 46619

44,863 SF industrial facility on 5.87 acres with fenced rear access, drive-in and dock doors, and clear-span space.

Property Size7,500 SF
Lot Size5.87 Acres
Price / SF$186
Days on Market112

Property Features for 3502 W Sample St

General Information

Standard status Active
Size 7,500 SF
Lot size 5.87 Acres
Property subtype INDUSTRIAL
Lease Type Modified Gross

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Business Included No

Building Details

Tenancy Multi

Properties For Sale

at 3502 W Sample St Contact us

3502 W Sample St AVAILABLE, Now

Floor 1
Size 21,548 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Sublease No
-44,863 square foot industrial facility located in Sample St submarket, with proximity to the US 20/31 Bypass and Downtown South Bend. -5.87-acre lot with fenced rear access and 2.75-acres of additional unimproved space ideal for outside storage -Facility is divided into multiple sections, allowing space for separate lines of business or multi-tenancy -9,177 SF clear span section with 18' ceiling heights alongside larger 12'9" clear, buss-duct served area. -Multiple drive-in door locations, with dock access from Sample St -Property also listed for Lease; Contact Broker for more information
Contact us

3502 W Sample St AVAILABLE, Now

Floor 1
Size 2,495 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Sublease No
-44,863 square foot industrial facility located in Sample St submarket, with proximity to the US 20/31 Bypass and Downtown South Bend. -5.87-acre lot with fenced rear access and 2.75-acres of additional unimproved space ideal for outside storage -Facility is divided into multiple sections, allowing space for separate lines of business or multi-tenancy -9,177 SF clear span section with 18' ceiling heights alongside larger 12'9" clear, buss-duct served area. -Multiple drive-in door locations, with dock access from Sample St -Property also listed for Lease; Contact Broker for more information
Contact us

3502 W Sample St AVAILABLE, Now

Floor 1
Size 2,500 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Sublease No
-44,863 square foot industrial facility located in Sample St submarket, with proximity to the US 20/31 Bypass and Downtown South Bend. -5.87-acre lot with fenced rear access and 2.75-acres of additional unimproved space ideal for outside storage -Facility is divided into multiple sections, allowing space for separate lines of business or multi-tenancy -9,177 SF clear span section with 18' ceiling heights alongside larger 12'9" clear, buss-duct served area. -Multiple drive-in door locations, with dock access from Sample St -Property also listed for Lease; Contact Broker for more information
Contact us

3502 W Sample St AVAILABLE, Now

Floor 1
Size 7,500 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Sublease No
-44,863 square foot industrial facility located in Sample St submarket, with proximity to the US 20/31 Bypass and Downtown South Bend. -5.87-acre lot with fenced rear access and 2.75-acres of additional unimproved space ideal for outside storage -Facility is divided into multiple sections, allowing space for separate lines of business or multi-tenancy -9,177 SF clear span section with 18' ceiling heights alongside larger 12'9" clear, buss-duct served area. -Multiple drive-in door locations, with dock access from Sample St -Property also listed for Lease; Contact Broker for more information
Contact us

3502 W Sample St AVAILABLE, Now

Floor 1
Size 9,177 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Sublease No
-44,863 square foot industrial facility located in Sample St submarket, with proximity to the US 20/31 Bypass and Downtown South Bend. -5.87-acre lot with fenced rear access and 2.75-acres of additional unimproved space ideal for outside storage -Facility is divided into multiple sections, allowing space for separate lines of business or multi-tenancy -9,177 SF clear span section with 18' ceiling heights alongside larger 12'9" clear, buss-duct served area. -Multiple drive-in door locations, with dock access from Sample St -Property also listed for Lease; Contact Broker for more information
Contact us
Listing Agency: Bradley Company | South Bend
Listed By: Greg Pink
Source: Moodyscre
Added: Jul 9 Changed: Oct 25 Last Checked: Oct 28 at 7:57AM

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 Bradley Company | South Bend

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

44,863 SF industrial facility on a 5.87-acre lot, with fenced rear access and 2.75 acres of additional unimproved space for outside storage. The building is divided into multiple sections, creating flexibility for separate lines of business or multi-tenant use.

A 9,177 SF clear-span section offers 18’ ceiling heights, alongside a larger area with 12’9" clear height that is bus-duct served. Multiple drive-in door locations are available, and dock access is provided from W Sample St.

The property also includes 2.75 acres of adjacent unimproved outdoor space, which may support equipment or materials storage. The site is described as being proximate to the US 20/31 Bypass and Downtown South Bend.

Key Highlights

  • 44,863 SF industrial facility on a 5.87‑acre lot with fenced rear access and additional outside‑storage space
  • 9,177 SF clear span section with 18' ceiling heights, plus a larger 12'9" clear, buss‑duct served area
  • Multiple drive‑in door locations with dock access from Sample St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,446
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,920 $1.2M
Cap Rate 7%
$834,943 $834.9K
Cap Rate 9%
$649,400 $649.4K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$72.0K $9.60/SF
− Vacancy
−$3.2K −$0.43/SF
EGI
$68.8K $9.17/SF
− OpEx
−$10.3K −$1.38/SF
NOI
$58.4K $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 Rate 5%
$1,168,920
Cap Rate 7%
$834,943
Cap Rate 9%
$649,400

Alternative Uses

Best Use
Warehouse
$834.9K
$730.6K – $974.1K (±1% cap)
NOI $58,446 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,818 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46619, IN

20,527
Population
8,823
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
80%
High-School Grad
23.5 sq mi
ZIP Area
873
Density / Sq Mi
$46,679
Median Household Income
$31,948
Median Earnings
$944
Median Rent
$98,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Self-Storage at U-Haul — 3410 Western Ave, South Bend, IN 46619

Frequently Asked Questions

What type of property is this?
Warehouse - 44,863 SF industrial facility on 5.87 acres with fenced rear access, drive-in and dock doors, and clear-span space.
Where is this warehouse located?
The property is located at 3502 W Sample St South Bend, IN.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 44,863 SF industrial facility on a 5.87‑acre lot with fenced rear access and additional outside‑storage space; 9,177 SF clear span section with 18' ceiling heights, plus a larger 12'9" clear, buss‑duct served area; Multiple drive‑in door locations with dock access from Sample St
(574) 220-8636 Call to check price and availability
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