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2310 Cass St, Fort Wayne, IN 46808

For sale office building with easy access to US 27 and suitability for an owner-occupied site.

Property Size4,360 SF
Price / SF$177.75
Days on Market248

Property Features for 2310 Cass St

General Information

Standard status Active
Size 4,360 SF
Property subtype OFFICE

Site & Location

Neighborhood Five Points Neighborhood Assn
Highway Access Yes

Additional Details

Asking Price $775,000

Building Details

Buildings 1
Building Size 4,360 SF
Listing Agency: CornerStone Companies Inc
Listed By: Ben Cohen · License #RB18001521
Source: Moodyscre
Added: Feb 24 Changed: Oct 25 Last Checked: Oct 28 at 12:31PM

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 CornerStone Companies Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This for-sale office building at 2310 Cass St, Fort Wayne, IN 46808 offers a total building size of 4,360 SF. The property is positioned for straightforward use as an owner-occupied site.

The location provides easy access to US 27, supporting convenient commutes and access for employees, customers, and vendors. It’s a practical option for an office user looking for an accessible footprint in a high-growth area.

The offering is best suited for buyers who want a manageable office building size with convenient regional connectivity via US 27.

Key Highlights

  • 4,360 SF office building for sale
  • Easy access to US 27
  • Owner‑occupied site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,109
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,180 $962.2K
Cap Rate 7%
$687,271 $687.3K
Cap Rate 9%
$534,544 $534.5K
Market Conditions
NOI Build-Up for 4,360 SF
Gross rent
$74.3K $17.04/SF
− Vacancy
−$10.1K −$2.33/SF
EGI
$64.1K $14.71/SF
− OpEx
−$16.0K −$3.68/SF
NOI
$48.1K $11.03/SF
Area
Fort Wayne, IN
Vacancy
13.66%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,180
Cap Rate 7%
$687,271
Cap Rate 9%
$534,544

Alternative Uses

Best Use
Office B
$687.3K
$601.4K – $801.8K (±1% cap)
NOI $48,109 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.64M
$3.19M – $4.25M (±1% cap)
NOI $254,958 @ 7.0% cap · market cap 32.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - For sale office building with easy access to US 27 and suitability for an owner-occupied site.
Where is this office building located?
The property is located at 2310 Cass St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4,360 SF office building for sale; Easy access to US 27; Owner‑occupied site
(317) 754-6245 Call to check price and availability
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