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Property profile & analytics
OFF-MARKET Estimated value $585,000
Office Spaces

4404 Technology Dr South Bend, IN 46628-9700

6,060 SF 1.03 ac lot Built 1987
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-1203034
Property summary
AI-generated overview

This exceptional 6,000-square-foot commercial property in South Bend, Indiana, presents a lucrative investment opportunity. Situated on a 1.03-acre lot at 4404 Technology Dr, 46628, this single-story, 1987-built building boasts a versatile layout ideal for various businesses. Currently occupied by three tenants under a multi-tenant lease with one year remaining, the property offers a stable income stream. The building features a formal main entry, multiple private offices, two conference rooms, a break room and kitchenette, a dedicated cubicle area, and a substantial warehouse with an attached garage. Ample parking is available with 20 spaces located on the side and rear of the building. Zoned for commercial use, this property is conveniently located minutes from I-80/90, the US 31 Bypass, Blackthorn Corporate Park, the Michigan/Indiana State Line, and the South Bend Regional Airport. The property's APN is 71-03-19-200-004.000-009. This is a fantastic opportunity for investors seeking a multi-tenant property with strong potential for future growth and income. The sale is subject to existing tenant rights.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 6,060 SF
Lot 1.03 ac (44,867 SF)
APN 71-03-19-200-004.000-009
UPID US31-1203034
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
  • Stephen Smith, Irish Realty Real Estate Agency
  • Irish Realty : AARON COWHAM Real Estate Agency
  • Irish Custom Homes Construction Company General Contractor
  • Irish Realty & Custom Builders Construction Company General Contractor
  • Higher Standards Academy General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$533k
Blend (final) Blend
$585k
Owner & transaction history
Mjos LLC · 1 yrs held
Mjos LLC
since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $540,000 +31.9%
Auto repair, garage $460,000 +11.7%
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