Single-Unit Industrial
3102 E Washington Blvd Fort Wayne, IN 46803
3102 E Washington Blvd, Fort Wayne, IN, 46803
$390,000
For Sale
$390,000
1977 single-unit industrial warehouse totaling 3,600 SF, zoned I1, available for sale at 3102 E Washington Blvd.
Property Size3,600 SF
Price / SF$108.33
Days on Market29
Property Features for 3102 E Washington Blvd
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Industrial - Warehouse/Distribution
Building Details
- Year Built
- 1977
Listing agency
Xplor Commercial Real Estate
(260) 487-3697
Listed by
Kienan O'Rourke · License #RB14051217
Source
Commercialcafe
Added: Jun 23 Updated: Jul 21 at 4:25AM Checked: Jul 21 at 4:25AM
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 for-sale industrial warehouse consists of a single unit in a 3,600 SF building, built in 1977. The property is zoned I1 and is positioned for industrial, warehouse, or distribution-oriented uses.
The asset is located at 3102 E Washington Blvd in Fort Wayne, Indiana.
As currently configured, the property offers one compact industrial facility within a 3,600 SF footprint, providing a straightforward option for buyers seeking an I1-zoned warehouse building in Fort Wayne.
The asset is located at 3102 E Washington Blvd in Fort Wayne, Indiana.
As currently configured, the property offers one compact industrial facility within a 3,600 SF footprint, providing a straightforward option for buyers seeking an I1-zoned warehouse building in Fort Wayne.
Key Highlights
- Single‑unit industrial warehouse built in 1977
- 3,600 SF building designed for industrial, warehouse, or distribution use
- Zoned I1
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 | $35.9k | $9.96 |
| − Vacancy | −$1.6k | −$0.45 |
| EGI | $34.2k | $9.51 |
| − OpEx | −$5.1k | −$1.43 |
| NOI | $29.1k | $8.09 |
3,600 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$415.8K
$363.8K – $485.1K
NOI $29,106 @ 7.0% cap · market cap 7.46%
Second Best
Industrial
$307.8K
$269.3K – $359.1K
NOI $21,546 @ 7.0% cap · market cap 5.52%
Theoretical Best
Multifamily LT 5
$3.01M
$2.63M – $3.51M
NOI $210,516 @ 7.0% cap · market cap 53.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wayne Electric
Electrical Service
Similar For Sale Nearby
Similar Off Market Nearby
- Three Rivers Warehousing — 2120 E Washington Blvd A, Fort Wayne, IN 46803
- Self Storage - FW Management — 3033 Maumee Ave, Fort Wayne, IN 46803
FAQs
What type of property is this?
Warehouse - 1977 single-unit industrial warehouse totaling 3,600 SF, zoned I1, available for sale at 3102 E Washington Blvd.
Where is this warehouse located?
The property is located at 3102 E Washington Blvd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Single‑unit industrial warehouse built in 1977; 3,600 SF building designed for industrial, warehouse, or distribution use; Zoned I1
