815 Sample StSouth Bend, IN 46601

Property Details for 815 Sample St

Year built

1965

Construction

TYPE NOT SPECIFIED

Lot size

11.33 AC

Property size (Sq ft)

31,082 SF

Property type

Office properties

APN

71-08-11-451-001.000-026

APU

710811451001000026

Description

This exceptional South Bend, Indiana industrial property, located at 815 W Sample St, offers 53,927 square feet of flexible space across two single-story buildings. The property boasts a prime location with easy access to major highways including SR 23, US 31, US 20, and I-80/90, ensuring efficient transportation and logistics. Built in 1965 and renovated in 2008, the property features a mix of office, shop, and cross-dock spaces. The shop area, approximately 8,580 square feet, includes office space, parts storage, a mezzanine, and open warehouse space with four overhead doors and 14-foot clear heights. The cross-dock section comprises 20,400 square feet, divided into two 10,200 square foot sections, each equipped with 30 dock doors and 12-foot clear heights. A partially finished basement area adds further potential. The property sits on 11.33 acres of land (APN: 71-08-11-451-001.000-026) and is zoned for industrial use. Currently, there is 34,580 square feet of vacant space available, with minimum divisible units of 1,230 square feet and a maximum contiguous space of 13,125 square feet. Sixty loading docks are available across the property. This multi-tenant property presents a unique opportunity for businesses seeking a strategically located and versatile industrial space in South Bend.

• CAP approach

  CAP return

  Valuation

  6%

  $4,728,138

  6.5%

  $4,364,436

  7%

  $4,052,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,048,430

  Geo Method

  $4,048,430

• Alternative Use

  Use

  Valuation

  Residential

  $5,411,900

  Hospitality

  $4,957,272

  Educational

  $4,124,392

  Medical

  $4,266,236

  Retail

  $6,415,720

Location Insight

City

South Bend

County

St. Joseph

State

Indiana

Latitude

41.6662

Longitude

-86.2626

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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