Vacant Industrial Warehouse with
5220 New Haven Ave Fort Wayne, IN 46803
For Sale
Contact for pricing
Fully vacant 13,820 SF industrial building on 6.84 acres with seven grade-level doors and outdoor expansion space.
Property Size13,820 SF
Lot Size6.84 Acres
Price / SF$108.54
Days on Market64
Property Features for 5220 New Haven Ave
General Information
Standard status
Active
Size
13,820 SF
Lot size
6.84 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Bradley Company | Fort Wayne
(260) 241-6892
Listed By:
Conner Call · License #23002351
(260) 241-6892
Source:
Moodyscre
Added: May 28
Changed: Jul 26
Last Checked: Jul 29 at 3:28PM
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.
This fully vacant industrial facility offers 13,820 SF of total space with a practical mix of industrial, office, and warehouse areas. The property is supported by seven grade-level doors and includes gas heaters, along with public utilities.
The building is positioned for regional and interstate connectivity, with access to US-930, I-469, and Coliseum Blvd. An available yard area of approximately 4.8 usable acres sits behind the building, providing room for expansion or outdoor storage.
Zoned C4, the site supports a wide range of industrial and commercial uses as permitted under local regulations. With its building configuration and available acreage, it can serve as a straightforward option for operators looking to combine indoor capacity with outdoor flexibility.
The building is positioned for regional and interstate connectivity, with access to US-930, I-469, and Coliseum Blvd. An available yard area of approximately 4.8 usable acres sits behind the building, providing room for expansion or outdoor storage.
Zoned C4, the site supports a wide range of industrial and commercial uses as permitted under local regulations. With its building configuration and available acreage, it can serve as a straightforward option for operators looking to combine indoor capacity with outdoor flexibility.
Key Highlights
- Fully vacant 13,820 SF industrial building available in its entirety
- 6.84‑acre site with ~4.8 usable acres behind the building for expansion or outdoor storage
- Seven grade‑level doors plus gas heaters and public utilities
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 | $137.6k | $9.96 |
| − Vacancy | −$6.2k | −$0.45 |
| EGI | $131.5k | $9.51 |
| − OpEx | −$19.7k | −$1.43 |
| NOI | $111.7k | $8.09 |
13,820 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.60M
$1.40M – $1.86M
NOI $111,735 @ 7.0% cap · market cap 7.45%
Second Best
Flex RnD
$1.45M
$1.27M – $1.69M
NOI $101,328 @ 7.0% cap · market cap 6.76%
Theoretical Best
Multifamily LT 5
$11.54M
$10.10M – $13.47M
NOI $808,147 @ 7.0% cap · market cap 53.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Fully vacant 13,820 SF industrial building on 6.84 acres with seven grade-level doors and outdoor expansion space.
Where is this flex space located?
The property is located at 5220 New Haven Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully vacant 13,820 SF industrial building available in its entirety; 6.84‑acre site with ~4.8 usable acres behind the building for expansion or outdoor storage; Seven grade‑level doors plus gas heaters and public utilities
