Flexible Flex/Retail
7101 Bluffton Rd Fort Wayne, IN 46809
7101 Bluffton Rd, Fort Wayne, IN, 46809
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For Sale
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Versatile flex-style building with a layout that can support office, retail/showroom, or light industrial use.
Property Size8,106 SF
Price / SF$73.40
Days on Market109
Property Features for 7101 Bluffton Rd
General Information
- Standard status
- Active
- Size
- 8,106 SF
- Property subtype
- SPECIALTY
Listing agency
BND Commercial, LLC
(260) 437-9995
Listed by
David J. Norton
(260) 437-9995
Source
Moodyscre
Added: Apr 6 Updated: Jul 22 at 8:55PM Checked: Jul 22 at 8:55PM
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 BND Commercial, LLC
Investment Insights
Based on property information with market context.
This flexible commercial building is designed to accommodate multiple operating styles, including office, retail or showroom use, and light industrial. The property is described as having a flexible layout suitable for service-based businesses and other community or nonprofit occupancy.
The location is positioned minutes from downtown Fort Wayne and sits within a growing commercial/industrial corridor. It also offers convenient access to major highways and is near residential neighborhoods.
For buyers seeking a property with multi-tenant potential, the building’s adaptable configuration supports varied uses within the same facility. The offering is for sale.
The location is positioned minutes from downtown Fort Wayne and sits within a growing commercial/industrial corridor. It also offers convenient access to major highways and is near residential neighborhoods.
For buyers seeking a property with multi-tenant potential, the building’s adaptable configuration supports varied uses within the same facility. The offering is for sale.
Key Highlights
- Versatile flex‑style building with a layout suited for office, retail/showroom, or light industrial use.
- Suitable for service‑based businesses such as contractors, medical, and professional users.
- Could support multi‑tenant occupancy for investment use.
Local Financial Insights For Industrial
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 | $73.0k | $9.00 |
| − Vacancy | −$3.6k | −$0.45 |
| EGI | $69.3k | $8.55 |
| − OpEx | −$20.8k | −$2.56 |
| NOI | $48.5k | $5.98 |
8,106 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,444 @ 7.0% cap · market cap 15.03%
Second Best
Retail
$1.11M
$973.5K – $1.30M
NOI $77,878 @ 7.0% cap · market cap 13.09%
Theoretical Best
Multifamily LT 5
$6.77M
$5.93M – $7.90M
NOI $474,011 @ 7.0% cap · market cap 79.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Iglesia De Dios ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile flex-style building with a layout that can support office, retail/showroom, or light industrial use.
Where is this flex space located?
The property is located at 7101 Bluffton Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Versatile flex‑style building with a layout suited for office, retail/showroom, or light industrial use.; Suitable for service‑based businesses such as contractors, medical, and professional users.; Could support multi‑tenant occupancy for investment use.
