Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

5200 Illinois Rd Fort Wayne, IN 46804

  • Parking lots & garages
  • 20.00 lot acres
Value Estimation
Location Intelligence
Property ID
US31-0445978
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • gmps-dehaven / Chevrolet Dealer
  • Chevrolet Oil Change / Oil Change Service / Auto Tune Up Service
  • Chevrolet Tire Shop / Tire Shop
  • Chevrolet Service Center / Auto Repair Shop / Auto Radiator Repair Service
  • DeHaven Chevrolet Body Shop / Car Repair And Maintenance Service / Mechanic

Property Details for 5200 Illinois Rd

Year built
1977
Lot size
20.00 lot acres
Property type
Parking lots & garages
APN
02-12-05-301-001.000-074
APU
21205301001000074

Description

This exceptional 100,000-square-foot industrial building presents a rare opportunity in Fort Wayne, Indiana. Situated on a substantial 31.23-acre lot (1,360,000 square feet), this property boasts a prime location just off the I-69 North and South on/off ramps, ensuring seamless access to major transportation arteries. The I-2 General Industrial zoning allows for a wide range of manufacturing, warehouse, and distribution uses. The building is currently vacant, offering immediate occupancy for a new tenant. Its strategic positioning benefits from the high traffic volume on Illinois Road (approximately 36,000 vehicles per day) and a robust local workforce. The property's proximity to a large population base (over 125,000 people within a 5-mile radius) further enhances its appeal. This is an ideal site for businesses seeking efficient logistics and a strong local market. The Allen County location and the property's size make it a compelling investment opportunity for industrial users seeking a significant footprint in a thriving area. The parcel number is 02-12-05-301-001.000-076. This turnkey property is ready for immediate development or occupancy, offering significant potential for growth and profitability.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $200,000
    6.5%
    $195,000
    7%
    $215,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $185,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $230,000
    Retail
    $195,000
    Mixed-Use
    $200,000
    Hospitality
    $225,000
    Educational
    $180,000
    Residential Income
    $210,000
    Energy
    $175,000
    Income-Based Land
    $215,000
    Food Service
    $210,000

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
County
Allen
State
Indiana
Longitude
-85.2089
Latitude
41.0793
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,301
$228,400
$5,300
$233,700
-
$228,400
$5,300
$233,700
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message