Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    137 Chambeau Rd Fort Wayne, IN 46805
    Back to Search
    Property profile & analytics

    137 Chambeau Rd, Fort Wayne, IN 46805

    View on Map
    • Office buildings
    • 13,376 SF
    • 2.23 lot acres
    For Lease
    $7 SF/Yr
    View Listing →
    Industrial Property in Fort Wayne For Lease
    $7 SF/Yr
    42,817 SF

    Industrial Property in Fort Wayne

    42,817 SF industrial property with flexible floor plan.

    137 Chambeau Rd, Fort Wayne, IN
    View Listing
    Property ID
    US31-1210392
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kinetic Revelation Academy of Dance / Training Center
    • Jennifer Ceballos Organic drug store / Pharmacy / (Bike/Boat/Book/etc) Store
    • O'Hare Logistics / Freight Service / Logistics Company
    • Roxana E Gordon Roofing supply store / Big Box & Wholesale Store / Building Supply
    • F & M Tile & Terrazzo Company Inc. / Carpet & Flooring Store / Hardware & Home Improvement

    Property Details for 137 Chambeau Rd

    Year built
    1982
    Construction
    WOOD
    Lot size
    2.23 lot acres
    Property type
    Office buildings
    APN
    02-07-26-401-009.000-073
    APU
    20726401009000073

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,220,000
      COMMERCIAL (GENERAL)
      $1,025,000
      APARTMENT HOUSE (5+ UNITS)
      $980,000
      AUTO REPAIR, GARAGE
      $970,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1429
    Latitude
    41.1088
    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
    $12,785
    $145,600
    $339,200
    $484,800
    -
    $145,600
    $339,200
    $484,800

    Comparable in this City

    • Value Estimation by Request
      3.67 Acres

      2480 Lk Ave

      OFFICE BUILDING
      2480 Lk Ave, Fort Wayne, IN 46805-5406
      View Details
    • Value Estimation
      $2,365,000
      22,250 SF

      1015 Memorial Way

      OFFICE BUILDING
      1015 Memorial Way, Fort Wayne, IN 46805-1332
      View Details
    • Value Estimation by Request
      1,320 SF

      3525 Lk Ave Ste, Unit 4

      OFFICE (GENERAL)
      3525 Lk Ave Ste, Fort Wayne, IN 46805-5573
      View Details
    • Value Estimation by Request
      1,267 SF

      3521 Lk Ave Ste, Unit 9

      OFFICE (GENERAL)
      3521 Lk Ave Ste, Fort Wayne, IN 46805-5537
      View Details
    • Value Estimation by Request
      2,124 SF

      2448 Lk Ave

      OFFICE (GENERAL)
      2448 Lk Ave, Fort Wayne, IN 46805-5406
      View Details
    • Value Estimation by Request
      1,296 SF

      2422 Lk Ave

      OFFICE (GENERAL)
      2422 Lk Ave, Fort Wayne, IN 46805-5406
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,040 SF

      Renovated Fort Wayne Investment Opportunity

      60,040 SF building, renovated in 2018, 100% occupied.
      2980 E Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • Contact for pricing
      60,040 SF

      Fort Wayne Investment Office Property

      Fully leased 60,040 SF single tenant office building for sale.
      2980 E Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • Contact for pricing
      7,857 SF

      Multi-Tenant Medical Office Building

      Fully leased medical office building in Fort Wayne, Indiana.
      3401 Lake Ave, Fort Wayne, IN 46805
      View Details
    • Contact for pricing
      10,000 SF

      Fort Wayne Automotive/Retail Opportunity

      10,000 SF property with redevelopment potential in Fort Wayne.
      2311 Crescent Ave, Fort Wayne, IN 46805
      View Details
    • Contact for pricing
      8,025 SF

      Former Medical Office Space Available

      7,930 SF medical office for lease on 1.33 acres.
      3909 Lake Ave, Fort Wayne, IN 46805
      View Details
    • $450,000
      0.46 Acres

      High Visibility Commercial Property

      Commercial property with high visibility and traffic flow.
      3112 N Clinton St, Fort Wayne, IN 46805
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,380 SF

      Office Space Near Universities

      Three-story office buildings near Purdue University Fort Wayne.
      3500 East Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • Contact for pricing

      Office/Flex Space Available For Rent

      Office and flex space with easy access and excellent visibility.
      909-929 N Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • $8 SF/Yr

      Office/Warehouse Space Near Purdue Campus

      12,077 SF office/warehouse space near Purdue University's campus.
      2980 East Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • Contact for pricing
      352 SF

      Fort Wayne Office Space Available

      Office space available for lease in Fort Wayne, Indiana.
      2200 Lake Ave, Fort Wayne, IN 46805
      View Details
    • $15 SF/Yr
      60,422 SF

      Fort Wayne Executive Office Sublease

      14,926 SF High-Tech Office Space
      3400 Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • Contact for pricing

      Office/Warehouse Space Available

      12,077 SF office/warehouse with key coded access and climate control.
      2980 E Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    View Listing
    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.
    137 Chambeau Rd
    Fort Wayne, IN 46805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    137 Chambeau Rd, Fort Wayne, IN, 46805
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!