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    Medical/Office Space on Jefferson Blvd

    5107 North Bend Drive Fort Wayne, IN 46804

    5107 North Bend Drive, Fort Wayne, IN, 46804
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    Medical/Office space with excellent visibility near new developments.

    Property Size2,843 SF
    Price / SF$181.15
    AddedMay 15
    Days on Market63
    Last RefreshJul 15 at 8:53 pm

    Property Features for 5107 North Bend Drive

    General Information

    Standard status
    Active
    Size
    2,843 SF
    Property subtype
    Office

    Building Details

    Year Built
    1965

    Listing office Sturges Property Group

    Listing date May 15, 2026

    Source Crexi

    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 Sturges Property Group

    Investment Insights

    Based on property information with market context.

    This commercial property offers excellent visibility on W Jefferson Blvd and is surrounded by several new developments. The property is suitable for medical or office use and contains five exam rooms. The property size is 2843 square feet.

    Key Highlights

    • Excellent visibility on W Jefferson Blvd
    • Surrounded by several new developments
    • Five exam rooms provide ample space

    Local Financial Insights For Healthcare Medical

    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 $57.0k $20.04
    − Vacancy −$4.6k −$1.60
    EGI $52.4k $18.44
    − OpEx −$21.0k −$7.37
    NOI $31.4k $11.06
    2,843 SF · lease $20.04/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $449.3K
    $393.1K – $524.2K (±1% cap)
    NOI $31,449 @ 7.0% cap · market cap 6.11%
    Second Best
    Office B
    $448.1K
    $392.1K – $522.8K (±1% cap)
    NOI $31,370 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Multifamily LT 5
    $2.37M
    $2.08M – $2.77M (±1% cap)
    NOI $166,249 @ 7.0% cap · market cap 32.28%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Tri State Maintenance ... Construction Company Pediatric Cardiology Associates Medical Clinic

    Suggested Use

    Building Supply HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Medical Office Space - Medical/Office space with excellent visibility near new developments.
    Where is this medical office space located?
    The property is located at 5107 North Bend Drive Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: Excellent visibility on W Jefferson Blvd; Surrounded by several new developments; Five exam rooms provide ample space
    Contact an agent
    (260) 424-8448 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Neal Bowman
    Neal Bowman
    Real Estate License ID: IN RB14026402
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