Fort Wayne Industrial Investment
For Sale
Contact for pricing
3427-3425 North Clinton Street, Fort Wayne, IN
36,533 SF building with 5 units, 100% occupancy.
Property Size36,533 SF
Lot Size3.58 Acres
Price / SF$98.54
Days on Market289
Property Features for 3427-3425 North Clinton Street
General Information
Standard status
Active
Size
36,533 SF
Lot size
3.58 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Xplor Commercial Real Estate
(260) 438-6251
Listed By:
Dennis Callison
(260) 438-6251
Source:
Moodyscre
Added: Oct 16, 2025
Changed: Jul 10
Last Checked: Jul 21 at 4:50AM
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.
Located in Fort Wayne, IN, this property features a 36,533 square foot building containing 5 units. Constructed in 1956, the property is zoned for both C3 and I1, accommodating a range of business operations. The property is situated in the industrial area and is suitable for industrial or office showroom use. The property has 100% occupancy.
Key Highlights
- 100% Occupancy: Provides immediate income potential
- 36,533 Square Foot Building: Offers substantial space
- Zoned C3 and I1: Allows for a wide range of commercial and industrial uses
Financial Insights For Industrial
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 | $328.8k | $9.00 |
| − Vacancy | −$16.4k | −$0.45 |
| EGI | $312.4k | $8.55 |
| − OpEx | −$93.7k | −$2.56 |
| NOI | $218.7k | $5.98 |
36,533 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.12M
$2.73M – $3.64M
NOI $218,650 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.52M
$26.70M – $35.61M
NOI $2,136,326 @ 7.0% cap · market cap 59.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Industrial properties in Fort Wayne
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - 36,533 SF building with 5 units, 100% occupancy.
Where is this industrial property located?
The property is located at 3427-3425 North Clinton Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate income potential; 36,533 Square Foot Building: Offers substantial space; Zoned C3 and I1: Allows for a wide range of commercial and industrial uses
