17901 Turners Dr South Bend, IN 46635-1529
Property profile & analytics
17901 Turners Dr South Bend, IN 46635-1529
- Medical Office Space
- 3,922 SF
- 1.19 lot acres
Property ID
US31-2214403
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mahoney Family Dentistry / Dental Office
- Dr. Terrance Mahoney / Dental Office
- Mahoney Consulting Group / Consultant
Property Details for 17901 Turners Dr
- Year built
- 1991
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.19 lot acres
- Property size
- 3,922 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 71-04-29-301-004.000-003
- APU
- 710429301004000003
Description
This exceptional investment opportunity presents a 7,800 square foot medical office building located at 17901 Turners Dr, South Bend, IN 46635. The property boasts a 9.50% cap rate and a strong NOI of $127,191, based on a current asking price of $1,338,853. Currently 100% occupied by Elite Dental Partners, a large and established Dental Service Organization (DSO) with over 100 locations across 12 states, the property features a single-tenant lease with 3.2 years remaining, plus a five-year option. The lease commenced on December 31, 2022, and includes a 5% rent bump in the option period. Built in 1991, this single-story building benefits from its high-visibility location near an interstate highway and within a densely populated area exceeding 170,000 residents within a 5-mile radius. The property's proximity to Notre Dame University, a major economic driver generating over $2.46 billion annually, and a robust retail corridor featuring national brands like Chick-fil-A, Walmart, and Target, further enhances its value and appeal. The recent lease extension underscores the tenant's long-term commitment and the property's success within the thriving dental industry, a sector valued at $176 billion and growing at an average of 2.5% annually. The tenant's significant investment in the location and the inherent stability of healthcare real estate make this a compelling investment prospect.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.2151
- Latitude
- 41.7146
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,517
$49,300
$194,300
$243,600
-
$49,300
$194,300
$243,600
