Clear Span Warehouse with
4825 Jean Dr Fort Wayne, IN 46825
For Sale
Contact for pricing
Clear span warehouse includes reception, office, break room, and two overhead doors, with a new roof and updated parking lot.
Property Size5,000 SF
Price / SF$115
Days on Market148
Property Features for 4825 Jean Dr
General Information
Standard status
Active
Size
5,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
The Zacher Company
(260) 704-5409
Listed By:
Dan Gabbard · License #RB16000634
(260) 704-5409
Source:
Moodyscre
Added: Mar 4
Changed: Jul 26
Last Checked: Jul 29 at 1:13PM
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 The Zacher Company
Investment Insights
Based on property information with market context.
This clear span warehouse offers flexible, open interior space supported by two overhead doors for loading and receiving. The layout also includes dedicated reception, office, and break room areas, creating a functional separation between work and administrative space.
The property has a new roof and a newly updated parking lot. It is located in close proximity to I-69 and is zoned I2/General Industrial.
The offering is for sale, with existing warehouse improvements designed to support day-to-day operations within a general industrial zoning framework.
The property has a new roof and a newly updated parking lot. It is located in close proximity to I-69 and is zoned I2/General Industrial.
The offering is for sale, with existing warehouse improvements designed to support day-to-day operations within a general industrial zoning framework.
Key Highlights
- Clear span warehouse space with dedicated reception, office, break room, and warehouse area
- Includes two overhead doors
- New roof and updated parking lot
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 | $49.8k | $9.96 |
| − Vacancy | −$2.2k | −$0.45 |
| EGI | $47.6k | $9.51 |
| − OpEx | −$7.1k | −$1.43 |
| NOI | $40.4k | $8.09 |
5,000 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$577.5K
$505.3K – $673.8K
NOI $40,425 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.18M
$3.65M – $4.87M
NOI $292,383 @ 7.0% cap · market cap 50.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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- Self Storage — 801 northcrest shopping center, fort wayne, in 46805
Frequently Asked Questions
What type of property is this?
Warehouse - Clear span warehouse includes reception, office, break room, and two overhead doors, with a new roof and updated parking lot.
Where is this warehouse located?
The property is located at 4825 Jean Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Clear span warehouse space with dedicated reception, office, break room, and warehouse area; Includes two overhead doors; New roof and updated parking lot
