Office Building For
6721 Old Trail Rd Fort Wayne, IN 46809
6721 Old Trail Rd, Fort Wayne, IN, 46809
Contact for pricing
For Sale
Contact for pricing
12,310 SF office building available for purchase.
Property Size12,310 SF
Price / SF$146.22
Days on Market130
Property Features for 6721 Old Trail Rd
General Information
- Standard status
- Active
- Size
- 12,310 SF
- Property subtype
- Office
Building Details
- Year Built
- 1960
Listing Agency
The Zacher Company
(260) 422-8474
Listed by
Evan Rubin · License #IN RB16000634
Source
Crexi
Added: Mar 10 Checked: Jul 16 at 12:33 pm
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 is a 12,310 square foot office building available for sale.
Key Highlights
- 12,310 SF Office Building for sale
- Office Building
- 12,310 SF
Local Financial Insights For Office B
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 | $209.8k | $17.04 |
| − Vacancy | −$28.7k | −$2.33 |
| EGI | $181.1k | $14.71 |
| − OpEx | −$45.3k | −$3.68 |
| NOI | $135.8k | $11.03 |
12,310 SF · lease $17.04/SF/yr · vacancy 13.66% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.94M
$1.70M – $2.26M
NOI $135,832 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$10.28M
$9.00M – $12.00M
NOI $719,847 @ 7.0% cap · market cap 39.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
DaVita Three Rivers ...
Medical Clinic
RENAL TREATMENT CENTERS ...
Medical Clinic
Blue Shuffle Disposal ...
Corporate Office
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FAQs
What type of property is this?
Office building - 12,310 SF office building available for purchase.
Where is this office building located?
The property is located at 6721 Old Trail Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12,310 SF Office Building for sale; Office Building; 12,310 SF