Warehouse For
1505 Production Rd Fort Wayne, IN 46808
1505 Production Rd, Fort Wayne, IN, 46808
Contact for pricing
For Sale
Contact for pricing
Warehouse property offered for sale, positioned about a 3-minute drive to I-69.
Property Size3,198 SF
Price / SF$136.02
Days on Market122
Property Features for 1505 Production Rd
General Information
- Standard status
- Active
- Size
- 3,198 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1963
Listing agency
Xplor Commercial Real Estate
(260) 487-3699
Listed by
James Jamicich · License #IN
Source
Crexi
Added: Mar 23 Updated: Jul 22 at 5:48AM Checked: Jul 22 at 5:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Xplor Commercial Real Estate
Investment Insights
Based on property information with market context.
This warehouse property is being offered for sale and totals 3,198 square feet.
The property is located at 1505 Production Rd in Fort Wayne, Indiana, with access to I-69 just a short drive away.
The asset is suited for warehouse use and includes the enclosed space typical of a small-to-mid sized industrial facility.
The property is located at 1505 Production Rd in Fort Wayne, Indiana, with access to I-69 just a short drive away.
The asset is suited for warehouse use and includes the enclosed space typical of a small-to-mid sized industrial facility.
Key Highlights
- Warehouse property built in 1963
- About a 3‑minute drive to I‑69
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.9k | $9.96 |
| − Vacancy | −$1.4k | −$0.45 |
| EGI | $30.4k | $9.51 |
| − OpEx | −$4.6k | −$1.43 |
| NOI | $25.9k | $8.09 |
3,198 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$369.4K
$323.2K – $430.9K
NOI $25,856 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.67M
$2.34M – $3.12M
NOI $187,008 @ 7.0% cap · market cap 42.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Stor-A-Way-Fort Wayne — 2130 Research Dr, Fort Wayne, IN 46808
- Storage Express — 4501 Newaygo Rd, Fort Wayne, IN 46808
- Public Storage — 1801 Coliseum Blvd W, Fort Wayne, IN 46808
- Olympic Village — 801 Coliseum Blvd W, Fort Wayne, IN 46808
FAQs
What type of property is this?
Warehouse - Warehouse property offered for sale, positioned about a 3-minute drive to I-69.
Where is this warehouse located?
The property is located at 1505 Production Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Warehouse property built in 1963; About a 3‑minute drive to I‑69
