Property profile

1400 Medical Park Dr Fort Wayne, IN 46825

OFF-MARKET
Assisted living facilities
Property ID
US31-0293798
30,244 SF 3.29 ac lot Built 1973
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1973
Construction WOOD
Total area 30,244 SF
Lot 3.29 ac (143,312 SF)
APN 02-07-24-404-007.000-073
UPID US31-0293798

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Nursing Home

Location

1400 Medical Park Dr Fort Wayne, IN 46825-5832
Fort Wayne metro Census 4103 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$495k
Blend (final) Blend
$615k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2018
$5.5M
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $925,000 +83.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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