3031 Prairie Ave

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3031 Prairie Ave

South Bend, IN 46614
Asking Price
$1.10M
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property located in South Bend Indiana.
  • Facility features 4,704 square feet of indoor space.
  • Site sits on a large 5.72 acre land parcel.
  • Property is currently available for purchase at $1,100,000.
  • Generous lot size supports industrial or logistics operations.

What's Special

This industrial warehouse facility spans 4,704 square feet and is situated on a 5.72-acre parcel at 3031 Prairie Ave in South Bend, Indiana. The property represents a functional asset for logistics, distribution, or manufacturing operations requiring significant exterior storage space or room for expansion. South Bend maintains a diverse economic base supported by its proximity to major regional transit corridors and a consistent labor supply within the Midwestern manufacturing belt. Investors and business owners seeking a foothold in the South Bend industrial market will find this location provides practical access to key logistical routes. The expansive land component offers versatility for heavy equipment staging, fleet management, or future facility development. This site is well-positioned for companies needing a balance of indoor warehouse capacity and substantial outdoor storage utility.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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