Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    7603 Nelson Rd Fort Wayne, IN 46803

    • Warehouses
    • 42,204 SF
    • 4.38 lot acres
    For Sale
    View listing
    $885,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-1159249
    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

    • Warehouses

    Property Details for 7603 Nelson Rd

    Year built
    1958
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.38 lot acres
    Property size
    42,204 SF
    Property type
    Warehouses
    APN
    02-13-10-276-002.000-041
    APU
    21310276002000041

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $690,000

    • CAP approach

      CAP return
      Estimation
      6%
      $610,000
      6.5%
      $655,000
      7%
      $630,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $610,000
      Geo Method
      $640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $685,000
      Retail
      $715,000
      Mixed-Use
      $630,000
      Hospitality
      $580,000
      Educational
      $560,000
      Residential Income
      $590,000
      Energy
      $510,000
      Income-Based Land
      $540,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.0419
    Latitude
    41.0724
    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
    $10,935
    $76,300
    $362,100
    $438,400
    -
    $76,300
    $362,100
    $438,400

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      1710 Berry St

      STORAGE YARD, OPEN STORAGE • 3,200 SF
      1710 Berry St, Fort Wayne, IN 46803-1022
      View Details
    • Value Estimation by Request
      1,233 SF

      1318 Chute St

      STORAGE YARD, OPEN STORAGE • 1,233 SF
      1318 Chute St, Fort Wayne, IN 46803-2025
      View Details
    • Value Estimation by Request
      2,400 SF

      820 Schick St

      STORAGE YARD, OPEN STORAGE • 2,400 SF
      820 Schick St, Fort Wayne, IN 46803-1073
      View Details
    • Value Estimation by Request
      4,032 SF

      810 Schick St

      STORAGE YARD, OPEN STORAGE • 4,032 SF
      810 Schick St, Fort Wayne, IN 46803-1073
      View Details
    • Value Estimation by Request
      15,500 SF

      1518 Dubois St

      WAREHOUSE, STORAGE • 15,500 SF
      1518 Dubois St, Fort Wayne, IN 46803
      View Details
    • Value Estimation by Request
      3,840 SF

      1507 Dubois St

      STORAGE YARD, OPEN STORAGE • 3,840 SF
      1507 Dubois St, Fort Wayne, IN 46803
      View Details

    Similar Nearby for Sale

    • $4,500,000
      60,463 SF

      Clean Warehouse with Crane System

      60,463 SF Fort Wayne warehouse with multiple cranes.
      4929 New Haven Ave, Fort Wayne, IN 46803
      View Details
    • $4,000,000
      99,448 SF

      99,448 SF Industrial Building

      Industrial building for sale or lease, ideal for warehousing.
      1140 Hayden St, Fort Wayne, IN 46803
      View Details
    • $885,000
      40,240 SF

      Industrial Property with Fenced Lot

      Industrial property featuring docks, drive-in doors, and fenced lot.
      7603 Nelson Rd, Fort Wayne, IN 46803
      View Details
    • $885,000
      40,240 SF

      Fort Wayne Industrial Warehouse

      40,240 SF Warehouse - $885,000
      7603 Nelson Rd, Fort Wayne, IN 46803
      View Details
    • $234,800
      5.99 Acres

      Industrial Land: Fort Wayne, IN

      5.99 Acres, I-2 Zoning, $234,800
      2751 Wayne Haven St, Fort Wayne, IN 46803
      View Details
    • $1,310,000
      35.88 Acres

      Fort Wayne Commercial Land - 35 Acres

      Prime Commercial Land, Multifamily Zoning
      2402 Maplecrest Rd, Fort Wayne, IN 46803
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      9,440 SF

      Fort Wayne Warehouse For Sale

      9,440 SF Industrial Warehouse, High Visibility
      1828 Anthony Blvd, Fort Wayne, IN 46803
      View Details
    • Contact for pricing
      582,406 SF

      Industrial Facility with Rail Spur

      Large industrial facility featuring rail access and on-site security.
      2701 S Coliseum Blvd, Fort Wayne, IN 46803
      View Details
    • $10 SF/Yr
      403,140 SF

      Versatile Fort Wayne Warehouse/Distribution Space

      403,140 SF of flexible office, warehouse, and distribution space.
      6502 Nelson Rd, Fort Wayne, IN 46803
      View Details
    • $4 SF/Yr
      230,000 SF

      Fort Wayne Industrial Property

      230,000 SF Manufacturing/Warehouse
      4400 New Haven Ave, Fort Wayne, IN 46803
      View Details
    • Contact for pricing
      11,264 SF

      Fort Wayne Warehouse Space Available

      Industrial warehouse space for rent in Eastern Fort Wayne.
      2532 Bremer Rd, Fort Wayne, IN 46803
      View Details
    • $7 SF/Yr
      16,000 SF

      Industrial Property with Crane and Yard

      Industrial property featuring a crane, drop lot, and offices.
      5252 Maumee Rd, Fort Wayne, IN 46803
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7603 Nelson Rd
    Fort Wayne, IN 46803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.