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Versatile Warehouse and Flex Space
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3320 Ferguson Road, Fort Wayne, IN 46809

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

Property Size776,000 SF
Price / SF$0.00
Days on Market341

Property Features for 3320 Ferguson Road

General Information

Standard status Active
Size 776,000 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 776,000 SF
Year Built 1970

Properties For Sale

at 3320 Ferguson Road
H-1
Size 46,674 SF
Type Office or Flex
Term 60 months
Contact us
Listing Agency: SVN | Parke Group Fort Wayne
Listed By: Troy Reimschisel · License #IN #RB14027532
Source: Svn
Added: Nov 21, 2025 Changed: Oct 25 Last Checked: Oct 28 at 7:09AM

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

Rey
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Investment Insights

Based on property information with market context.

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.

Key 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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,644,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,887,200 $92.9M
Cap Rate 7%
$66,348,000 $66.3M
Cap Rate 9%
$51,604,000 $51.6M
Market Conditions
NOI Build-Up for 776,000 SF
Gross rent
$6.98M $9.00/SF
− Vacancy
−$349.2K −$0.45/SF
EGI
$6.63M $8.55/SF
− OpEx
−$1.99M −$2.56/SF
NOI
$4.64M $5.98/SF
Area
Fort Wayne, IN
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$92,887,200
Cap Rate 7%
$66,348,000
Cap Rate 9%
$51,604,000

Alternative Uses

Best Use
Warehouse
$89.63M
$78.42M – $104.57M (±1% cap)
NOI $6,273,983 @ 7.0% cap · market cap 104,566,383.33%
Second Best
Flex RnD
$81.28M
$71.12M – $94.83M (±1% cap)
NOI $5,689,632 @ 7.0% cap · market cap 94,827,200.00%
Theoretical Best
Multifamily LT 5
$648.25M
$567.22M – $756.30M (±1% cap)
NOI $45,377,842 @ 7.0% cap · market cap 756,297,366.67%
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

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

Suggested Use

Top Pick Electrical Service Auto Parts Store Bakery Cafe & Coffee Shop Building Supply Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46809, IN

8,946
Population
4,116
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
24.7 sq mi
ZIP Area
362
Density / Sq Mi
$54,362
Median Household Income
$37,988
Median Earnings
$804
Median Rent
$122,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

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

Frequently Asked Questions

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 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**.
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