Warehouse with 15 Dock
6119 Highview Dr Fort Wayne, IN 46818
For Sale
Contact for pricing
Warehouse featuring 15 dock doors, 18'–21'6" ceiling height, and a sprinkler system.
Property Size24,238 SF
Price / SF$94.07
Days on Market130
Property Features for 6119 Highview Dr
General Information
- Standard status
- Active
- Size
- 24,238 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
Sturges Property Group
(260) 438-3525
Listed By:
John Caffray · License #RB14049106
(260) 438-3525
Source:
Moodyscre
Added: Mar 17
Changed: Jul 21
Last Checked: Jul 21 at 4:28AM
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 warehouse offers robust loading and clear internal height, with 15 dock doors (9' x 10') and ceiling height ranging from 18' to 21'6". The building is equipped with a sprinkler system. Additional access includes two grade-level overhead doors sized 12' x 12' and 12' x 14'.
The property is located near US 30, US 33, SR 3, and I-69, providing practical connectivity for regional distribution and logistics.
For buyers seeking a warehouse layout supported by multiple dock doors, the combination of high clearances and sprinkler protection provides a functional foundation for warehousing and distribution operations.
The property is located near US 30, US 33, SR 3, and I-69, providing practical connectivity for regional distribution and logistics.
For buyers seeking a warehouse layout supported by multiple dock doors, the combination of high clearances and sprinkler protection provides a functional foundation for warehousing and distribution operations.
Key Highlights
- Warehouse with 15 dock doors (9' x 10')
- Ceiling height ranges from 18' to 21'6"
- Sprinkler system
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 | $241.4k | $9.96 |
| − Vacancy | −$10.9k | −$0.45 |
| EGI | $230.5k | $9.51 |
| − OpEx | −$34.6k | −$1.43 |
| NOI | $196.0k | $8.09 |
24,238 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.80M
$2.45M – $3.27M
NOI $195,965 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$20.25M
$17.72M – $23.62M
NOI $1,417,356 @ 7.0% cap · market cap 62.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Warehouse featuring 15 dock doors, 18'–21'6" ceiling height, and a sprinkler system.
Where is this warehouse located?
The property is located at 6119 Highview Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $2,280,000.
What are key features of this property?
This property features: Warehouse with 15 dock doors (9' x 10'); Ceiling height ranges from 18' to 21'6"; Sprinkler system