Office Building with Bank
For Sale
Contact for pricing
3805 S Calhoun St, Fort Wayne, IN 46807
A single-story floor plan combines open areas with partitioned office space.
Property Size4,970 SF
Lot Size0.72 Acres
Price / SF$140.64
Days on Market16
Property Features for 3805 S Calhoun St
General Information
Standard status
Active
Size
4,970 SF
Lot size
0.72 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
Williams Park
Road Access
Yes
Additional Details
Asking Price
$699,000
Property Use
Office
Amenities
walk-in bank vault
Building Details
Year Built
1982
Buildings
1
Stories
1
Building Size
4,970 SF
Construction
brick
Listing Agency:
Bradley Company | Fort Wayne
(260) 423-4311
Listed By:
Shafiq Abdulrahim
(260) 615-6040
Source:
Moodyscre
Added: Oct 22
Changed: Nov 1
Last Checked: Nov 4 at 12:20PM
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 Bradley Company | Fort Wayne
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 3805 S Calhoun St in Fort Wayne, this freestanding office building contains 4,970 square feet on one level. Its interior pairs open areas with partitioned rooms, and an existing walk-in bank vault provides dedicated secure storage. The 1982 building has brick construction and fire-resistant framing.
The property occupies 0.72 acres and includes an asphalt parking lot for staff and visitors.
The property occupies 0.72 acres and includes an asphalt parking lot for staff and visitors.
Key Highlights
- 4,970‑square‑foot freestanding office building
- Existing walk‑in bank vault
- Single‑story layout with open and partitioned areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,840
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,800
$1.1M
Cap Rate 7%
$783,429
$783.4K
Cap Rate 9%
$609,333
$609.3K
Market Conditions
NOI Build-Up for 4,970 SF
Gross rent
$84.7K $17.04/SF
− Vacancy
−$11.6K −$2.33/SF
EGI
$73.1K $14.71/SF
− OpEx
−$18.3K −$3.68/SF
NOI
$54.8K $11.03/SF
Area
Fort Wayne, IN
Vacancy
13.66%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,800
Cap Rate 7%
$783,429
Cap Rate 9%
$609,333
Alternative Uses
Best Use
Office B
$783.4K
$685.5K – $914.0K
NOI $54,840 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.15M
$3.63M – $4.84M
NOI $290,629 @ 7.0% cap · market cap 41.58%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 46807, IN
16,489
Population
7,182
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
5,153
Density / Sq Mi
$56,341
Median Household Income
$37,026
Median Earnings
$970
Median Rent
$133,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Fort Wayne
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A single-story floor plan combines open areas with partitioned office space.
Where is this office building located?
The property is located at 3805 S Calhoun St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,970‑square‑foot freestanding office building; Existing walk‑in bank vault; Single‑story layout with open and partitioned areas
