Industrial Office Flex
4124 Clubview Dr Fort Wayne, IN 46804
4124 Clubview Dr, Fort Wayne, IN, 46804
Contact for pricing
For Sale
Contact for pricing
Industrial/office flex property offering 9,430 SF available for sale.
Property Size9,430 SF
Price / SF$100.21
Days on Market134
Property Features for 4124 Clubview Dr
General Information
- Standard status
- Active
- Size
- 9,430 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1983
Listing agency
Bradley Company Fort Wayne
(260) 437-8745
Listed by
Carolyn Spake-Leeper, SIOR · License #IN RB14041366
Source
Crexi
Added: Mar 10 Updated: Jul 21 at 7:48AM Checked: Jul 21 at 7:48AM
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
Investment Insights
Based on property information with market context.
Industrial/office flex property offering 9,430 SF available for sale. The asset is marketed as a combination industrial and office use, providing space that can support operations needing both warehouse functionality and dedicated office areas.
The property is located at 4124 Clubview Dr in Fort Wayne, IN 46804, and is being offered for sale at $945,000.
As presented, the offering covers a total size of 9,430 SF.
The property is located at 4124 Clubview Dr in Fort Wayne, IN 46804, and is being offered for sale at $945,000.
As presented, the offering covers a total size of 9,430 SF.
Key Highlights
- Industrial/office flex property built in 1983
- 9,430 SF available for sale
Local Financial Insights For Warehouse
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 | $93.9k | $9.96 |
| − Vacancy | −$4.2k | −$0.45 |
| EGI | $89.7k | $9.51 |
| − OpEx | −$13.5k | −$1.43 |
| NOI | $76.2k | $8.09 |
9,430 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.09M
$953.0K – $1.27M
NOI $76,242 @ 7.0% cap · market cap 8.07%
Second Best
Flex RnD
$987.7K
$864.3K – $1.15M
NOI $69,141 @ 7.0% cap · market cap 7.32%
Theoretical Best
Multifamily LT 5
$7.88M
$6.89M – $9.19M
NOI $551,434 @ 7.0% cap · market cap 58.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LK Landscaping, LLC
Landscaping
Kapp's Green Lawn
Landscaping
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial/office flex property offering 9,430 SF available for sale.
Where is this flex space located?
The property is located at 4124 Clubview Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Industrial/office flex property built in 1983; 9,430 SF available for sale
