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    Property profile & analytics

    101 Washington Ctr Rd Fort Wayne, IN 46825-4300

    • Strip malls
    • 6,030 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $765,000
    Last Sale
    Mar 12, 2020
    $702,900
    Location Intelligence
    Property ID
    US31-0610687
    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

    • Manpower / Recruiter / Temp Agency
    • Happy Family Asian Grocery / Asian Grocery Store

    Property Details for 101 Washington Ctr Rd

    Year built
    1997
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.04 lot acres
    Property size
    6,030 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    02-07-23-226-002.000-073
    APU
    20723226002000073

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $605,000
      7%
      $620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $595,000
      Geo Method
      $670,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $650,000
      Mixed-Use
      $575,000
      Hospitality
      $625,000
      Educational
      $715,000
      Residential Income
      $755,000
      Energy
      $555,000
      Income-Based Land
      $750,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1397
    Latitude
    41.1322
    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
    $17,144
    $317,100
    $333,000
    $650,100
    -
    $317,100
    $333,000
    $650,100

    Comparable in this City

    • Value Estimation by Request
      40,898 SF

      537 Dupont Rd

      SHOPPING CENTER, STRIP CENTER • 40,898 SF
      537 Dupont Rd, Fort Wayne, IN 46825
      View Details
    • Value Estimation by Request
      10,500 SF

      4504 Parnell Ave, Unit 4516

      SHOPPING CENTER, STRIP CENTER • 10,500 SF
      4504 Parnell Ave, Fort Wayne, IN 46825-5836
      View Details
    • Value Estimation
      $215,000
      5,904 SF

      336 Dupont Rd, Unit 350

      SHOPPING CENTER, STRIP CENTER • 5,904 SF
      336 Dupont Rd, Fort Wayne, IN 46825-2048
      View Details
    • Value Estimation by Request
      13,668 SF

      5115 Dupont Rd

      SHOPPING CENTER, STRIP CENTER • 13,668 SF
      5115 Dupont Rd, Fort Wayne, IN 46825-1752
      View Details
    • Value Estimation by Request
      17,836 SF

      2890 Dupont Rd

      SHOPPING CENTER, STRIP CENTER • 17,836 SF
      2890 Dupont Rd, Fort Wayne, IN 46825-1669
      View Details
    • Value Estimation by Request
      8,352 SF

      5375 Dupont Rd

      SHOPPING CENTER, STRIP CENTER • 8,352 SF
      5375 Dupont Rd, Fort Wayne, IN 46825-1748
      View Details

    Similar Nearby for Sale

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      Retail property available for lease or sale on Wells Street.
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    Similar Nearby for Lease

    • $14 SF/Yr
      2,464 SF

      Retail Space in Leo Shoppes

      Multi-tenant retail space available in a high-traffic location.
      10226 Old Leo Rd, Fort Wayne, IN 46825
      View Details
    • $21 SF/Yr
      12,586 SF

      Retail Space in Pine Valley

      Retail space available in a busy, multi-tenant shopping center.
      1125 E Dupont Rd, Fort Wayne, IN 46825
      View Details
    • $9 SF/Yr
      24,000 SF

      Retail Space in High-Traffic Area

      Junior box available in a thriving shopping center.
      5315-5515 Coldwater Rd, Fort Wayne, IN 46825
      View Details
    • Contact for pricing
      3,400 SF

      Retail Endcap on Coldwater Road

      3,400 SF retail space available for lease.
      5624-5626 Coldwater Rd, Fort Wayne, IN 46825
      View Details
    • $18 SF/Yr
      38,000 SF

      Retail Space on Coldwater Road

      Retail space in high-growth commercial area near residential neighborhoods.
      602-714 E Dupont Rd, Fort Wayne, IN 46825
      View Details
    • $15 SF/Yr
      50,094 SF

      Leo Crossing Retail Center

      Prime Retail Space Available
      10330 Leo Rd, Fort Wayne, IN 46825
      View Details
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    101 Washington Ctr Rd
    Fort Wayne, IN 46825-4300
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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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