New Industrial Warehouse
For Sale
Contact for pricing
4646 ARDEN DR, Fort Wayne, IN 46804
New construction with 22' clear height, sprinklered storage, and dock and drive-in access for modern distribution needs.
Property Size20,000 SF
Lot Size1.62 Acres
Price / SF$94.95
Days on Market59
Property Features for 4646 ARDEN DR
General Information
Standard status
Active
Size
20,000 SF
Lot size
1.62 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
2
Drive-In Doors
1
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2024
Listing Agency:
BND Commercial Real Estate
(260) 421-1909
Listed By:
Karl Behrens, CCIM, SIOR · License #IN RB14027572
Source:
Crexi
Added: Jun 8
Changed: Jul 10
Last Checked: Aug 4 at 11:05AM
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 BND Commercial Real Estate
Investment Insights
Based on property information with market context.
This newly constructed industrial facility provides approximately 20,000 square feet of warehouse space with 22' clear height. The building is fully sprinklered and includes modern LED lighting for efficient interior illumination. Loading and access are supported by two dock doors equipped with levelers and seals, along with one 12' x 14' overhead door for flexible receiving and operations. The property also allows room for user customization, including the ability to tailor office and restroom finishes to specific requirements.
The facility is located on 1.62 acres at 4646 Arden Dr in Fort Wayne, Indiana. It is positioned about 4 miles from I-69 and roughly 5.5 miles from Fort Wayne International Airport, supporting connectivity for suppliers, employees, and customers.
Designed for distribution, storage, or light industrial use, the combination of dock-level loading, drive-in access, sprinklered warehouse space, and clear ceiling height makes the building practical for a range of logistics and operations. With the option to customize office and restroom finishes, prospective tenants or buyers can align the front-of-house space with their specific workflow and staffing needs.
The facility is located on 1.62 acres at 4646 Arden Dr in Fort Wayne, Indiana. It is positioned about 4 miles from I-69 and roughly 5.5 miles from Fort Wayne International Airport, supporting connectivity for suppliers, employees, and customers.
Designed for distribution, storage, or light industrial use, the combination of dock-level loading, drive-in access, sprinklered warehouse space, and clear ceiling height makes the building practical for a range of logistics and operations. With the option to customize office and restroom finishes, prospective tenants or buyers can align the front-of-house space with their specific workflow and staffing needs.
Key Highlights
- New construction 20,000 SF industrial facility built in 2024
- 22' clear height with fully sprinklered warehouse
- Dock and drive‑in access with two dock doors (levelers and seals) plus one 12' x 14' overhead door
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 | $199.2k | $9.96 |
| − Vacancy | −$9.0k | −$0.45 |
| EGI | $190.2k | $9.51 |
| − OpEx | −$28.5k | −$1.43 |
| NOI | $161.7k | $8.09 |
20,000 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.70M
NOI $161,701 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$16.71M
$14.62M – $19.49M
NOI $1,169,532 @ 7.0% cap · market cap 61.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
144
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask 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 - New construction with 22' clear height, sprinklered storage, and dock and drive-in access for modern distribution needs.
Where is this warehouse located?
The property is located at 4646 ARDEN DR Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: New construction 20,000 SF industrial facility built in 2024; 22' clear height with fully sprinklered warehouse; Dock and drive‑in access with two dock doors (levelers and seals) plus one 12' x 14' overhead door
