17333 Dugdale DrSouth Bend, IN 46635

Property Details for 17333 Dugdale Dr

Year built

1990

Construction

WOOD

Lot size

1.90 AC

Property size (Sq ft)

9,061 SF

Property type

Medical offices

Property subtype

Medical centers

APN

71-04-29-452-004.000-003

APU

710429452004000003

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,378,415

  6.5%

  $1,272,384

  7%

  $1,181,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,180,195

  Geo Method

  $1,180,195

• Alternative Use

  Use

  Valuation

  Residential Income

  $1,577,756

  Hospitality / Lodging

  $1,445,216

  Institutional / Educational

  $1,202,402

  Healthcare / Senior Housing

  $1,243,755

  Retail / Commercial

  $1,870,404

Location Insight

City

South Bend

County

St. Joseph

State

Indiana

Latitude

41.7117

Longitude

-86.2041

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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