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    2311 Crescent Ave Fort Wayne, IN 46805

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    For Sale
    $500,000

    10,000 SF property with redevelopment potential in Fort Wayne.

    Property size:
    10,000 SF
    Lot size:
    0.24 Acres

    Property Features for 2311 Crescent Ave

    General Information

    Size
    10,000 SF
    Lot size
    0.24 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Jess Kappelman

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

    Overview

    Fort Wayne Automotive/Retail Opportunity

    This 10,000 SF property, located at 2311 Crescent Avenue in Fort Wayne, IN, presents a value-add opportunity for automotive or other uses. Situated at the hard corner of a signalized intersection, the location offers prime positioning. The property includes additional residential space of roughly 1,200 SF above the auto shop, providing flex space or additional income. The site has a long operating history. The property is suitable for automotive, retail, live-work space, and mixed-use purposes, with redevelopment potential. Financials are available upon request.
    Insight Report Location Intelligence

    Current Use by Public Records

    Summit City Car ... Auto Repair Shop 5 Star Car ... Loan Agency

    Suggested Use

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

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

    Similar Places Nearby

    Kelley Automotive Body Shop, Summit City Car Care, George's Auto Repair, God's Automotive, Tire City

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1238547
    Latitude
    41.0970045

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    FAQs

    What type of property is this?
    Auto shop - 10,000 SF property with redevelopment potential in Fort Wayne.
    Where is this auto shop located?
    The property is located at 2311 Crescent Ave Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Hard corner positioning at signalized intersection.; - 10,000 SF available at low price per foot.; - Additional 1,200 SF of residential space for flex space or income.
    (844) 474-4666
    Request Owner's contact information
    2311 Crescent 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
    2311 Crescent Ave Fort Wayne, IN 46805
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