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$89.95
Days on Market150
Property Features for 4646 ARDEN DR
General Information
Standard status
Active
Size
20,000 SF
Class
A
Lot size
1.62 Acres
Property subtype
Industrial
Zoning
I2
Investment Type
Owner/User
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
Buildings
1
Stories
1
Listing Agency:
BND Commercial Real Estate
Listed By:
Tyler Kellerman · License #IN RB20001057
(260) 385-8008
Source:
Crexi
Added: Jun 8
Changed: Oct 26
Last Checked: Nov 3 at 4:15AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$161,701
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,234,020
$3.2M
Cap Rate 7%
$2,310,014
$2.3M
Cap Rate 9%
$1,796,678
$1.8M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$199.2K $9.96/SF
− Vacancy
−$9.0K −$0.45/SF
EGI
$190.2K $9.51/SF
− OpEx
−$28.5K −$1.43/SF
NOI
$161.7K $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%
$3,234,020
Cap Rate 7%
$2,310,014
Cap Rate 9%
$1,796,678
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.70M
NOI $161,701 @ 7.0% cap · market cap 8.99%
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 65.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
120
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
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- All Seasons Climate Controlled Storage — 4307 Arden Dr, Fort Wayne, IN 46804
- North American Van Lines — 4705 Clubview Dr #100, Fort Wayne, IN 46804
- Superior Self Storage by Graber — 4530 Ardmore Ave, Fort Wayne, IN 46809
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 $1,799,000.
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
