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    Property profile & analytics

    1501 Wls St Fort Wayne, IN 46808-2730

    • Retail space
    • 6,092 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Mar 01, 2024
    Location Intelligence
    Property ID
    US31-3296772
    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

    • Retail space

    Property Details for 1501 Wls St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    6,092 SF
    Property type
    Retail space
    APN
    02-12-02-127-043.000-074
    APU
    21202127043000074

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1459
    Latitude
    41.0879
    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
    $2,737
    $13,100
    $95,100
    $108,200
    -
    $13,100
    $95,100
    $108,200

    Comparable in this City

    • Value Estimation by Request
      2,640 SF

      1315 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      1315 Main St, Fort Wayne, IN 46808-3346
      View Details
    • Value Estimation
      $320,000
      2,255 SF

      1004 Cass St

      RETAIL STORES (PERSONAL SERVICES) • 2,255 SF
      1004 Cass St, Fort Wayne, IN 46808-3454
      View Details
    • Value Estimation
      $280,000
      3,094 SF

      2809 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,094 SF
      2809 Main St, Fort Wayne, IN 46808-3739
      View Details
    • Value Estimation
      $385,000
      5,805 SF

      1522 Wls St

      RETAIL STORES (PERSONAL SERVICES) • 5,805 SF
      1522 Wls St, Fort Wayne, IN 46808
      View Details
    • Value Estimation
      $485,000
      11,812 SF

      711 Coliseum Blvd

      RETAIL STORES (PERSONAL SERVICES) • 11,812 SF
      711 Coliseum Blvd, Fort Wayne, IN 46808-1217
      View Details
    • Value Estimation
      $280,000
      1,924 SF

      1655 Wls St

      RETAIL STORES (PERSONAL SERVICES) • 1,924 SF
      1655 Wls St, Fort Wayne, IN 46808-3281
      View Details

    Similar Nearby for Sale

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      Fort Wayne retail property, high growth area.
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    Similar Nearby for Lease

    • $11 SF/Yr
      2,520 SF

      Retail Space in Established Center

      Retail space available in a well-established shopping center.
      6505 E State Blvd, Fort Wayne, IN 46808
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in a professionally managed center.
      1575 Goshen Rd, Fort Wayne, IN 46808
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    • $13 SF/Yr
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      Retail Space with Dedicated Parking

      Retail space in vibrant corridor with on-site parking.
      1530 N Wells St, Fort Wayne, IN 46808
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    • $3,000 /Mo
      2,340 SF

      Commercial Space on Goshen Road

      2,340 SF retail space with convenient regional access.
      1320 Goshen Ave, Fort Wayne, IN 46808
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    • Contact for pricing
      6,977 SF

      Fort Wayne Retail Space Available

      Prime Retail Space, 5,600 SF Available
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    • $699 /Mo
      1,090 SF

      Retail Space on Coliseum Boulevard

      Visible retail unit available for rent off Coliseum Blvd.
      916 W Coliseum Blvd, Fort Wayne, IN 46808
      View Details
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    1501 Wls St
    Fort Wayne, IN 46808-2730
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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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