Property profile

6252 Business Ctr Dr South Bend, IN 46628

OFF-MARKET
Industrial properties
Property ID
US31-2064062
15,096 SF 1.77 ac lot Built 2004
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 15,096-square-foot creative office building in South Bend, Indiana, presents a unique investment opportunity. Built in 2004, the property boasts high-end finishes including carpeted and ceramic tile floors throughout the professional office and showroom areas. A substantial 5,000-square-foot warehouse component features an 18-foot ceiling height, one overhead door, and gas forced-air heat. The building is heated and cooled by gas forced-air systems and sits on a well-maintained 1.63-acre lot with landscaping. Its I-Industrial zoning allows for diverse uses, including office, commercial, research and development, and warehousing. The property offers approximately 35 on-site parking spaces and prominent building signage. Conveniently located near major roadways (US-20/31 Bypass and I-80/90 Toll Road), Blackthorn Office Park, Blackthorn Golf Course, and South Bend Regional Airport, this property benefits from excellent infrastructure connectivity and access to MetroNet's fiber optic network. The asking price is $1,075,000. Additional tenant responsibilities include real estate taxes, insurance, janitorial services, trash removal, snow and lawn maintenance, and utilities.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2004
Construction TYPE NOT SPECIFIED
Total area 15,096 SF
Lot 1.77 ac (77,145 SF)
APN 71-03-19-277-001.000-009
UPID US31-2064062

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6252 Business Ctr Dr South Bend, IN 46628-9036
South Bend metro Census 11001 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2019
Price N/A
2013
$500,000
2012
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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