Industrial Building with
For Sale
$1,267,000
3805 East Pontiac Street, Fort Wayne, IN 46803
Industrial building includes four drive-in doors, 3,700 SF of office space, and LED lighting throughout.
Property Size18,100 SF
Lot Size1.50 Acres
Price / SF$70
Days on Market93
Property Features for 3805 East Pontiac Street
General Information
Standard status
Active
Size
18,100 SF
Total Parking Spaces
25
Lot size
1.50 Acres
Property subtype
Industrial - Manufacturing
Additional Details
Drive-In Doors
4
Building Details
Building Size
18,100 SF
Year Built
1955
Year Renovated
2008
Listing Agency:
The Zacher Company
Listed By:
John Adams · License #RB14049734
(219) 422-8474
Source:
Commercialcafe
Added: Jul 10
Changed: Oct 1
Last Checked: Oct 9 at 4:46PM
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 The Zacher Company
Investment Insights
Based on property information with market context.
This 18,100 SF industrial building offers a combination of warehouse and office space with four drive-in doors and LED lighting throughout. The property includes 3,700 SF of office area with AC, and is equipped with suspended gas heat, compressed air lines, and wall fans and vents. Constructed in 1955 with an addition completed in 2008, the building features wood and pre-engineered steel construction and a coated metal roof that was re-coated in 2021.
The facility sits on 1.5 acres and provides 25 parking spaces with asphalt, concrete, and gravel surface areas.
For users seeking an industrial building with on-site office support and multiple drive-in access points, this configuration supports flexible operational needs within a single facility.
The facility sits on 1.5 acres and provides 25 parking spaces with asphalt, concrete, and gravel surface areas.
For users seeking an industrial building with on-site office support and multiple drive-in access points, this configuration supports flexible operational needs within a single facility.
Key Highlights
- 18,100 SF industrial building on 1.5 acres at 3805 East Pontiac Street, Fort Wayne, IN
- 4 drive‑in doors plus compressed air lines for industrial operations
- 3,700 SF office space with AC in the office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,329
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,166,580
$2.2M
Cap Rate 7%
$1,547,557
$1.5M
Cap Rate 9%
$1,203,656
$1.2M
Market Conditions
NOI Build-Up for 18,100 SF
Gross rent
$162.9K $9.00/SF
− Vacancy
−$8.1K −$0.45/SF
EGI
$154.8K $8.55/SF
− OpEx
−$46.4K −$2.56/SF
NOI
$108.3K $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%
$2,166,580
Cap Rate 7%
$1,547,557
Cap Rate 9%
$1,203,656
Alternative Uses
Best Use
Warehouse
$2.09M
$1.83M – $2.44M
NOI $146,339 @ 7.0% cap · market cap 11.55%
Second Best
Flex RnD
$1.90M
$1.66M – $2.21M
NOI $132,709 @ 7.0% cap · market cap 10.47%
Theoretical Best
Multifamily LT 5
$15.12M
$13.23M – $17.64M
NOI $1,058,426 @ 7.0% cap · market cap 83.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46803, IN
9,686
Population
4,634
Households
2.1
Avg Household Size
30
Median Age
9%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
1,291
Density / Sq Mi
$31,797
Median Household Income
$25,248
Median Earnings
$878
Median Rent
$78,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
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- Polar King — 4424 New Haven Ave, Fort Wayne, IN 46803
- Interstate Cold Storage — 4410 New Haven Ave, Fort Wayne, IN 46803
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building includes four drive-in doors, 3,700 SF of office space, and LED lighting throughout.
Where is this warehouse located?
The property is located at 3805 East Pontiac Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,267,000.
What are key features of this property?
This property features: 18,100 SF industrial building on 1.5 acres at 3805 East Pontiac Street, Fort Wayne, IN; 4 drive‑in doors plus compressed air lines for industrial operations; 3,700 SF office space with AC in the office area
