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    520 Spring St Fort Wayne, IN 46808

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    For Sale
    $1,400,000

    Well-maintained industrial building in Opportunity Zone near downtown.

    Property size:
    17,223 SF

    Property Features for 520 Spring St

    General Information

    Size
    17,223 SF

    Building Details

    Year built
    1951

    Source: Gary Buschman, SIOR Agent Gary Buschman, SIOR

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

    Overview

    Industrial Building Near Downtown

    This is a well-maintained industrial building offering single or multitenant use. The property features 3-phase electric power and over 20 parking spaces. It is located in an Opportunity Zone, situated at the corner of Spring Street and Beach Street, providing convenient access to Downtown Fort Wayne. The location also offers proximity to highways and the interstate. The building has a size of 17223 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Singh Distribution LLC Wholesaler Fabcore Plastics Plastic Fabrication Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1474024
    Latitude
    41.0891456

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    FAQs

    What type of property is this?
    Industrial property - Well-maintained industrial building in Opportunity Zone near downtown.
    Where is this industrial property located?
    The property is located at 520 Spring St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Prime Location: Minutes from Downtown Fort Wayne and close to highways and the interstate.; - Industrial Building: Suitable for single or multitenant use.; - Ample Parking: Features 20 +/- parking spaces.
    (260) 348-2769
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    520 Spring St Fort Wayne, IN 46808
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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
    520 Spring St Fort Wayne, IN 46808
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