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Property profile & analytics
OFF-MARKET
Medical Office Space

17333 Dugdale Dr South Bend, IN 46635-1500

9,061 SF 1.9 ac lot Built 1990
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-1789195
Property summary
AI-generated overview

This exceptional 9,061 square foot medical office building is situated in the desirable Foundation Center Office Park in South Bend, Indiana. The single-story, Class B building, constructed in 1990, sits on a 1.9-acre lot and offers ample parking for 100 vehicles, including a convenient covered, wheelchair-accessible entrance. The interior features a spacious reception area, numerous offices, exam rooms, and conference rooms of varying sizes, along with two large former imaging rooms. A significant asset is the 7,000 square foot partially finished basement, ideal for storage or conversion into additional office space. The basement also houses the building's mechanical systems, a full bathroom, and boasts high ceilings. The building is equipped with a sprinkler fire suppression system. The property enjoys excellent visibility and accessibility, with high daily traffic counts on nearby SR 23 and Douglas Road. Its prime location offers proximity to major shopping centers, the University of Notre Dame, and the Indiana Toll Road. The property is zoned B: Business and has 2023 taxes of $12,151.96. Please note: a deed restriction prohibiting MRI center use will be recorded. The asking price is $1,490,000. The building is currently vacant.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1990
Construction WOOD
Total area 9,061 SF
Lot 1.9 ac (82,765 SF)
APN 71-04-29-452-004.000-003
UPID US31-1789195
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
Current use
Occupant on record · Public records
  • Grantham Michael F MD Physician Medical Clinic
  • Yang Edward L MD Physician Medical Clinic
  • Dr. Alan B. Engel, MD Physician Medical Clinic
  • Rust Robert J MD Physician
  • Dr. Russell B. Midkiff, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dugdale 17490 LLC · 1 yrs held
Dugdale 17490 LLC
since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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