22988 Ireland RdSouth Bend, IN 46614

Property Details for 22988 Ireland Rd

Year built

1972

Construction

WOOD

Lot size

1.77 AC

Property size (Sq ft)

6,824 SF

Property type

Retail space

APN

71-08-28-301-003.000-010

APU

710828301003000010

Description

This exceptional 7,280 square foot flex space property in South Bend, Indiana, offers a main 6,824 square foot building and a 456 square foot secondary structure on 1.75 acres. The single-tenant property boasts ample parking for at least thirty vehicles and a prominent pylon sign. Inside, find a well-maintained, high-quality one-story design combining office and open areas. A state-of-the-art security system, including 38 interior and exterior cameras, multiple large monitoring screens, a remotely controlled roll-up door, and panic buttons, ensures a secure environment. High-tech features include fiber optic internet and a one-year-old Yealink phone system. The property's excellent condition extends to its roof and mechanical systems. Strategically located on the southwest side of South Bend, near US 20 Bypass, US 31, and the Indiana Toll Road (I-80/90), this property offers unparalleled accessibility. The surrounding area is a blend of commercial, residential, and agricultural land, creating a unique community atmosphere. This is an ideal location for businesses seeking a functional, secure, and conveniently located space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,765,469

  6.5%

  $1,629,664

  7%

  $1,513,259

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,239,842

  Geo Method

  $2,239,842

• Alternative Use

  Use

  Valuation

  Residential

  $1,374,682

  Hospitality

  $1,259,202

  Educational

  $1,047,641

  Medical

  $1,083,671

  Retail

  $1,629,664

Location Insight

City

South Bend

County

St. Joseph

State

Indiana

Latitude

41.6276

Longitude

-86.3115

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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