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    637 Webster St Fort Wayne, IN 46802

    • Retail properties
    • 208,869 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 637 Webster St

    Year built
    2024
    Property size
    208,869 SF
    Property type
    Retail properties
    Property subtype
    Live-work space

    Description

    The Pearl, a new seven-story mixed-use building (208,869 total square feet) at 637 Webster St, Fort Wayne, IN 46802 (cross street: Main Street), offers five unique live/work units. These units, available Fall 2024, range from 1,251 to 1,652 contiguous square feet, with a total of 6,913 square feet currently vacant. The building features elevators and is zoned DC. Each unit provides direct access to street-level retail space from the upper-level living area, perfect for a work-from-home lifestyle. Located in the heart of downtown Fort Wayne, this prime location boasts high foot and vehicular traffic due to nearby restaurants, shops, and attractions. Leasing these spaces offers the opportunity to be a first tenant, allowing complete customization. The building's address is 637 Webster St, Fort Wayne, IN 46802, with APN 02-12-02-337-002.000-074. These versatile floor plans are ideal for businesses seeking a blend of modern living and convenient commercial space. The building's modern design and prime location make it an exceptional opportunity for businesses seeking a unique and vibrant work environment. First tenants will have the advantage of creating a space perfectly tailored to their needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1435
    Latitude
    41.0797

    Comparable in this City

    • Value Estimation by Request
      40,000 SF

      333 Washington Blvd

      Office Properties & Spaces • 40,000 SF
      333 Washington Blvd, Fort Wayne, IN 46802
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    • Value Estimation by Request
      100,000 SF

      301 Jefferson Blvd

      Restaurants • 100,000 SF
      301 Jefferson Blvd, Fort Wayne, IN 46802
      View Details
    • Value Estimation by Request
      72,000 SF

      203 Wayne St

      Office buildings • 72,000 SF
      203 Wayne St, Fort Wayne, IN 46802
      View Details
    • Value Estimation by Request
      1.27 Acres

      333 Washington Blvd

      Retail properties • 1.27 Acres
      333 Washington Blvd, Fort Wayne, IN 46802
      View Details
    • Value Estimation by Request
      9,505 SF

      111 Wayne St

      Office Properties & Spaces • 9,505 SF
      111 Wayne St, Fort Wayne, IN 46802
      View Details
    • Value Estimation by Request
      39,736 SF

      323 Baker St

      Retail properties • 39,736 SF
      323 Baker St, Fort Wayne, IN 46802
      View Details

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    Similar Nearby for Lease

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    637 Webster St
    Fort Wayne, IN 46802
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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
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