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Property profile & analytics
OFF-MARKET
Warehouses

1702 Franklin St South Bend, IN 46613-2012

7,140 SF 2.08 ac lot Built 1907
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1932262
Property summary
AI-generated overview

This exceptional industrial property, located at 1702 Franklin St, South Bend, IN 46613, offers 59,008 square feet of versatile space. The property comprises seven buildings, including 1,670 square feet of retail space and 2,108 square feet of air-conditioned office space. Additional features include approximately 4,500 square feet of utility sheds and 4,200 square feet of mezzanine space (not included in the total square footage). The warehouse boasts 9 overhead doors and 2 loading docks, ensuring efficient operations. Security is enhanced by a gated entrance and ample outside storage. Built in 1900 and renovated in 1983, the building features ceiling heights ranging from 12 to 20 feet. Situated on 3.26 acres of land in St. Joseph County, this single-tenant property is zoned for General Industrial use. Its convenient location on the south side of South Bend, near Main and Michigan Streets, offers easy access to US 31/US 20 Bypass, providing excellent connectivity to surrounding areas. The property is surrounded by other industrial and commercial businesses, making it an attractive location for a variety of industrial operations.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1907
Construction WOOD
Total area 7,140 SF
Lot 2.08 ac (90,648 SF)
APN 71-08-14-433-002.000-026
UPID US31-1932262
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1702 Sb LLC · 2 yrs held
1702 Sb LLC
since 2024
Last sale
$3,227
2 recorded transactions
2024
Price N/A
2024
$3,227
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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