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    12820 Coldwater Rd Fort Wayne, IN 46845

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    For Sale
    $1,085,000

    Well-maintained office building in desirable location with income potential.

    Building Details

    Year built
    2006

    Source: Carolyn Spake-Leeper, SIOR Agent Carolyn Spake-Leeper, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Building For Sale

    This professional office building, constructed in 2006, offers an investment opportunity for an owner-user. The building totals 6,205 square feet across four suites and is situated on a 0.57-acre lot. The property is currently 67% occupied. There is 2,070 square feet available. Zoned C-1 for professional office and personal services, the building is adaptable to a range of business uses. The building has 20 allocated parking spaces plus 12 common adjacent spaces. The property enjoys accessibility, with proximity to Dupont and Parkview North Hospitals, Union Chapel Road, and Interstates 69 and 469. Located within the Northwest Allen County School district and near established residential subdivisions, the building benefits from a strong demographic base. The property is located in Watersong Office Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Creditmax Credit Union Frisco Lender Services, ... Appraiser Liberty Title and Escrow ... Title Company Fort Wayne Wildlife ... Pest Control Service

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.131815
    Latitude
    41.2010516

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building in desirable location with income potential.
    Where is this office building located?
    The property is located at 12820 Coldwater Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,085,000.
    What are key features of this property?
    This property features: - Prime location in a desirable professional corridor with excellent accessibility to hospitals, major roads (I-69, I-469), and residential areas.; - Income-generating property with 67% occupancy and potential to increase revenue by leasing the remaining 2,070 SF.; - Modern, well-maintained building (built in 2006) suitable for various professional office and personal service uses (C-1 zoning).
    (260) 437-8745
    Request Owner's contact information
    12820 Coldwater Rd Fort Wayne, IN 46845
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    Fort Wayne, IN 46845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12820 Coldwater Rd Fort Wayne, IN 46845
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