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    4504-4516 Parnell Ave Fort Wayne, IN 46825

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    For Lease
    $8 SF/Yr ($669 /Mo)

    Retail spaces available in established Fort Wayne shopping center.

    Property size:
    1,004 SF
    Lot size:
    0.56 Acres

    Property Features for 4504-4516 Parnell Ave

    General Information

    Size
    1,004 SF
    Lot size
    0.56 Acres

    Source: Allied Commercial Agent Dave Horacek

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

    Overview

    Retail Space in High-Traffic Corridor

    Located in Fort Wayne's largest retail corridor, this property offers retail spaces suitable for various tenant needs. The location benefits from high visibility, with over 40,000 vehicles per day on Parnell Avenue, Clinton Street, and Coliseum Boulevard. Unit combinations range from 1,004 to 23,442 square feet, with immediate occupancy available. Ample surface parking is provided for customers and employees. The property is surrounded by major national retailers, including Kohl's, T.J. Maxx, Best Buy, and Glenbrook Square Mall. Constructed between 1986 and 1987, the established shopping center has a proven track record. The C2 Limited Commercial zoning allows for a variety of retail and commercial uses. The location benefits from strong demographic support from surrounding residential areas.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Daycare Center Building Supply Accounting Firm

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

    Similar Places Nearby

    Fresh Thyme, Body Central, Coinstar Kiosk | Bitcoin ATM, STATUS, Sunglass Hut at Macy's

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1253072
    Latitude
    41.118907

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in established Fort Wayne shopping center.
    Where is this shopping center located?
    The property is located at 4504-4516 Parnell Ave Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail location in Fort Wayne's largest retail corridor.; - Exceptional visibility with over 40,000 vehicles per day.; - Flexible unit sizes from 1,004 SF to 23,442 SF.
    (260) 760-1988
    Request Owner's contact information
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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
    4504-4516 Parnell Ave Fort Wayne, IN 46825
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