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    431-445 Fernhill Ave Fort Wayne, IN 46805

    For Lease
    $9 SF/Yr ($4,146 /Mo)

    Industrial property available for rent with high visibility.

    Property size:
    5,238 SF
    Lot size:
    2.71 Acres

    Property Features for 431-445 Fernhill Ave

    General Information

    Size
    5,238 SF
    Lot size
    2.71 Acres

    Source: Sturges Property Group Agent Neal Bowman

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

    Overview

    Industrial Space For Rent

    This industrial property offers 5,238 square feet of space and is professionally managed. The property benefits from high visibility.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1465197
    Latitude
    41.1107611

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    FAQs

    What type of property is this?
    Industrial property - Industrial property available for rent with high visibility.
    Where is this industrial property located?
    The property is located at 431-445 Fernhill Ave Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - High visibility; - Professionally managed
    (260) 424-8448
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    431-445 Fernhill Ave Fort Wayne, IN 46805
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    Fort Wayne, IN 46805
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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
    431-445 Fernhill Ave Fort Wayne, IN 46805
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