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    1700 Magnavox Way Fort Wayne, IN 46804

    For Lease
    $16 SF/Yr

    Fort Wayne, IN Class A Office Space

    Lot size:
    355,012 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This prestigious Class A office building, located at 1700 Magnavox Way in southwest Fort Wayne, Indiana, offers 355,012 square feet of space in a single, three-story building constructed in 1969. The property sits on a 55-acre lot and is zoned CM2. Multiple tenancy options are available, with spaces ranging from a minimum of 5,000 square feet to a maximum contiguous space of 61,409 square feet, currently vacant. The building boasts a beautiful pond and a half-mile walking trail. It's professionally managed with an on-site maintenance technician. The location provides easy access to Illinois Road and I-69. A significant tenant improvement allowance is available. Additionally, over 5 acres of adjacent land are available for sale or lease, with build-to-suit options starting at 50,000 square feet. The property's Allen County APN is 02-12-07-101-002.000-074, 02-11-12-279-001-.000-075. The property features two total suites.

    Property Features for 1700 Magnavox Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    355,012 SF
    Class
    A
    Total Rate
    488141.5

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Second Floor (Suite 1)
    Size
    61,409 SF
    Rate per SF
    $16
    Space
    First Floor (101)
    Size
    50,175 SF
    Rate per SF
    $16
    Space
    Lower Level
    Size
    0 SF

    HighLights

    • Class A, 355,012 SF office building in southwest Fort Wayne, IN.
    • Single three‑story building on a 55‑acre lot, CM2 zoning.
    • Multiple suites available, 5,000 - 61,409 SF contiguous space currently vacant.
    • Excellent access to Illinois Road and I‑69.
    • Significant tenant improvement allowance available.
    • Over 5 acres of adjacent land available for sale or lease, build‑to‑suit options from 50,000 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    General Dynamics Manufacturer General Dynamics Mission ... Software Company SRE LLC Trucking Company Physicians Health Plan ... Insurance Agency Allen County rcc Public Relations Firm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.22698
    Latitude
    41.070666

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    FAQs

    What type of property is this?
    Office Property / Space - Fort Wayne, IN Class A Office Space
    Where is this office property / space located?
    The property is located at 1700 Magnavox Way Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $0.00-$16 SF/Yr.
    What are key features of this property?
    This property features: Class A, 355,012 SF office building in southwest Fort Wayne, IN.; Single three-story building on a 55-acre lot, CM2 zoning.; Multiple suites available, 5,000 - 61,409 SF contiguous space currently vacant.
    Request Owner's contact information
    1700 Magnavox Way Fort Wayne, IN 46804
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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
    1700 Magnavox Way Fort Wayne, IN 46804
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