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    7603 Nelson Rd Fort Wayne, IN 46803

    Sponsored
    For Sale
    $885,000

    40,240 SF Warehouse - $885,000

    Property size:
    40,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40,240-square-foot industrial warehouse, located at 7603 Nelson Rd in Fort Wayne, Indiana, presents a compelling investment opportunity. Built in 1958, this single-story building sits on a dedicated fenced lot, providing ample space for parking and outdoor storage. The property boasts a highly desirable I3/Intensive Industrial zoning designation, ensuring versatility for a wide range of industrial uses. The warehouse features four loading docks and nine drive-in doors, facilitating efficient loading and unloading operations. The interior is fully sprinklered, enhancing safety and security. The asking price is $885,000, translating to $21.99 per square foot. The property's convenient location offers easy access to major transportation routes, with Interstate 469 just 2.5 miles away. The Allen County address, 7603 Nelson Rd, Fort Wayne, IN 46803, and APN 02-13-10-276-002.000-041, provide further identification. This well-maintained property offers significant potential for immediate occupancy or future development, making it an attractive asset for discerning investors seeking a strong foothold in the Fort Wayne industrial market. The net rentable square footage is 40,240 square feet.

    Property Features for 7603 Nelson Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    40,240 SF

    Building Details

    Year Built
    1958
    Buildings
    1
    Stories
    1

    HighLights

    • 40,240 SF industrial warehouse in Fort Wayne, IN.
    • Located at 7603 Nelson Rd, Fort Wayne, IN 46803 (APN 02‑13‑10‑276‑002.000‑041).
    • I3/Intensive Industrial zoning.
    • Features four loading docks and nine drive‑in doors.
    • Fully sprinklered.
    • Asking price: $885,000 ($21.99/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.04200112
    Latitude
    41.07188709

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    FAQs

    What type of property is this?
    Distribution property - 40,240 SF Warehouse - $885,000
    Where is this distribution property located?
    The property is located at 7603 Nelson Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: 40,240 SF industrial warehouse in Fort Wayne, IN.; Located at 7603 Nelson Rd, Fort Wayne, IN 46803 (APN 02-13-10-276-002.000-041).; I3/Intensive Industrial zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7603 Nelson Rd Fort Wayne, IN 46803
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