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    Versatile Warehouse and Flex Space Title is generated by Realmo AI

    3320 Ferguson Road, Fort Wayne, IN 46809

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    Warehouse, flex, and office space near Fort Wayne Airport.

    Type:Industrial
    Property size:
    776,000 SF
    Price / SF:
    $0.00/SF
    Added:
    Nov 21, 2025
    Days on Market:
    191
    Last Refresh:
    May 9 at 12:49 am

    Property Features for 3320 Ferguson Road

    General Information

    Standard status
    Active
    Size
    776,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1970

    Properties For Sale

    at 3320 Ferguson Road Contact us

    We can help!

    Listing Contact
    Troy Reimschisel
    Troy Reimschisel

    Listing agent Troy Reimschisel License #IN #RB14027532

    Listing office SVN | Parke Group Fort Wayne

    Listing date Nov 21, 2025

    Source Svn

    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 SVN | Parke Group Fort Wayne

    HighLights

    • Strategic location adjacent to Fort Wayne International Airport with easy truck access to highways.
    • Flexible space configurations for warehouse, flex space, or office use, divisible down to 10,000 SF.
    • Ample warehouse space available: 44,704 SF in East Building, and approximately 46,674 SF available in Unit H.
    • Multiple loading options: 3 dock high doors and 2 overhead doors in East Building; dock door access in Unit H.
    • Heavy electrical power with three‑phase electric service.
    • 100% Wet Sprinkler System.

    Overview

    This property offers an excellent opportunity for warehouse, flex space, or office use. Available spaces feature a dock, grade-level doors, and heavy electrical power, with various possible configurations of warehouse and office space. The East Building provides 44,704 square feet of warehouse space, equipped with 3 dock-high doors, 2 overhead doors, and ceiling heights ranging from 12'6" to 16'9". Unit H offers functional and affordable heated storage space, with approximately 46,674 square feet available on two levels and access to a dock door. It can be divided down to 10,000 square feet, making it suitable for overflow or bulk storage users. The industrial park is strategically located adjacent to the Fort Wayne International Airport, providing easy truck access to highways. It is one mile from Airport Expressway, approximately 3 miles from I-469, and 6 miles to I-69. The property has rail access potential and is 10 miles from the GM Fort Wayne Assembly Plant. It features a 100% wet sprinkler system, three-phase electric power, and ceiling heights ranging from 15' to 22'. The property size is 776000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Processing Home Decor Store FortWayneFinds.com Home Decor Store Best Fort Wayne ... Moving Company

    Suggested Use

    Law Firm Building Supply Auto Parts Store Department Store Big Box & Wholesale Store Bar & Pub Discount Store Storage Facility Electrical Service Cafe & Coffee Shop

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

    Similar Places Nearby

    • The Storage Place — 2930 W Ferguson Rd, Fort Wayne, IN 46809

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.182
    Latitude
    40.9893

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    FAQs

    What type of property is this?
    Warehouse - Warehouse, flex, and office space near Fort Wayne Airport.
    Where is this warehouse located?
    The property is located at 3320 Ferguson Road Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Strategic location adjacent to Fort Wayne International Airport with easy truck access to highways.; Flexible space configurations for warehouse, flex space, or office use, divisible down to 10,000 SF.; Ample warehouse space available: **44,704 SF in East Building, and approximately 46,674 SF available in Unit H**.
    (260) 615-8874
    We can help!
    Listing Contact
    Troy Reimschisel
    Troy Reimschisel
    Real Estate License ID: IN #RB14027532
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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