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Financial
Distress signals
Property profile

710 Fellows St South Bend, IN 46601

FOR SALE
Warehouses
Property ID
US31-2133232
21,440 SF 1.74 ac lot Built 1986
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 21,440-square-foot industrial warehouse presents a compelling investment or leasing opportunity. Situated in the Monroe Industrial Park, this single-tenant building boasts a strategic location on the southeast corner of South Bend's central business district, just blocks from the US Post Office and AT&T's main switch facility. The property features a versatile layout, including a 6,560-square-foot high bay area with impressive 28' to 33' clearance, and a 12,000-square-foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$339k
Assessed land$26k
Assessed improvement$314k
Effective rate3.38%

Value estimate

· Oct 2026
$495k
$446k – $545k
AI approach$495k
Submarket $/SF estimate$637k
NOI build-up
Gross scheduled income$206k
Vacancy & credit loss−$9k
Operating expenses−$29k
NOI · 10.77% cap applied$167k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$43/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$17 – $63

Cap rate analysis

How does the asset earn?
10.77%
$167k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon9.3
Dry Cleaner9.1
Laundry Service8.8

Location

710 Fellows St South Bend, IN 46601
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
917 Chapin, South Bend, IN 46601-2829 $370,000 Sep 2020 24,704 SF
1301 Main, South Bend, IN 46601-3341 $165,000 May 2020 19,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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