Industrial Office Flex
4124 Clubview Dr, Fort Wayne, IN 46804
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 Market247
Property Features for 4124 Clubview Dr
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Lease Type
Investment Type
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Bradley Company Fort Wayne
Listed By:
Carolyn Spake-Leeper, SIOR · License IN RB14041366
(260) 437-8745
Source:
Crexi
Added: Mar 10
Changed: Nov 10
Last Checked: Sep 26 at 5:18AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,242
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,840
$1.5M
Cap Rate 7%
$1,089,171
$1.1M
Cap Rate 9%
$847,133
$847.1K
Market Conditions
NOI Build-Up for 9,430 SF
Gross rent
$93.9K $9.96/SF
− Vacancy
−$4.2K −$0.45/SF
EGI
$89.7K $9.51/SF
− OpEx
−$13.5K −$1.43/SF
NOI
$76.2K $8.09/SF
Area
Fort Wayne, IN
Vacancy
4.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,840
Cap Rate 7%
$1,089,171
Cap Rate 9%
$847,133
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
Apartment 5plus
$7.07M
$6.18M – $8.25M
NOI $494,740 @ 7.0% cap
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
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46804, IN
28,800
Population
12,959
Households
2.2
Avg Household Size
40
Median Age
44%
College-Educated
96%
High-School Grad
17.7 sq mi
ZIP Area
1,627
Density / Sq Mi
$84,778
Median Household Income
$49,050
Median Earnings
$1,134
Median Rent
$241,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Flex space in Fort Wayne
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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
