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One-Owner Warehouse with Monument Sign
For Sale
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4124 Clubview Dr, Fort Wayne, IN 46804

Warehouse building offers two suites, including a suite scheduled to be vacant by 3/31/26.

Property Size9,430 SF
Price / SF$100.21
Days on Market153

Property Features for 4124 Clubview Dr

General Information

Standard status Active
Size 9,430 SF
Property subtype INDUSTRIAL
Lease Type Gross

Site & Location

Traffic Count 10,717 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Bradley Company | Fort Wayne
Listed By: Carolyn Spake-Leeper, SIOR · License #RB14041366
Source: Moodyscre
Added: Mar 1 Changed: Jul 27 Last Checked: Jul 27 at 5:05PM

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.

A one-owner warehouse building is available for sale or lease. The property totals 9,430 square feet and is currently configured as two suites, with Suite A scheduled to be vacant by 3/31/26 and the owner occupying Suite B at this time. The owner prefers to sell, but will lease the entire building and will consider subdividing if needed.

The property features a monument sign visible from Engle Road. Engle Road traffic is listed at 10,717 vehicles per day. The site is also described as approximately 3.15 miles from I-69, 2.12 miles from Jefferson Blvd., and 4.5 miles from Airport Expressway.

Key Highlights

  • One‑owner warehouse building for sale or lease with two suites (Suite B currently occupied; Suite A scheduled to be vacant by 3/31/26).
  • Owner prefers to sell but will lease the entire building; may consider subdividing if needed.
  • Monument sign visible from Engle Road.

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 (±1% cap)
NOI $76,242 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$7.88M
$6.89M – $9.19M (±1% cap)
NOI $551,434 @ 7.0% cap · market cap 58.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

LK Landscaping, LLC Landscaping Kapp's Green Lawn Landscaping

Suggested Use

Top Pick Restaurant HVAC Service Auto Repair Shop Law Firm Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,717 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Superior Self Storage by Graber — 4530 Ardmore Ave, Fort Wayne, IN 46809
  • All Seasons Climate Controlled Storage — 4307 Arden Dr, Fort Wayne, IN 46804
  • North American Van Lines — 4705 Clubview Dr #100, Fort Wayne, IN 46804

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse building offers two suites, including a suite scheduled to be vacant by 3/31/26.
Where is this warehouse 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: One‑owner warehouse building for sale or lease with two suites (Suite B currently occupied; Suite A scheduled to be vacant by 3/31/26).; Owner prefers to sell but will lease the entire building; may consider subdividing if needed.; Monument sign visible from Engle Road.
(260) 437-8745 Call to check price and availability
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