Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    1505 Bethany Ln Fort Wayne, IN 46825-4613

    • Theaters & concert halls
    • 23,718 SF
    • 4.00 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US31-0650649
    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

    • Gethsemane Lutheran Church / Lutheran Church
    • Food Distribution Center - Rivercove Community Tenant - Gethsemane Lutheran Church / Food Bank
    • At the Table- Gethsemane Lutheran Church - Food Distribution Center / Food Bank

    Property Details for 1505 Bethany Ln

    Year built
    1967
    Construction
    WOOD
    Lot size
    4.00 lot acres
    Property size
    23,718 SF
    Property type
    Theaters & concert halls
    APN
    02-07-13-430-003.000-073
    APU
    20713430003000073

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $605,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $600,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $710,000
      Retail
      $580,000
      Mixed-Use
      $620,000
      Hospitality
      $525,000
      Educational
      $565,000
      Residential Income
      $570,000
      Energy
      $610,000
      Income-Based Land
      $590,000
      Food Service
      $675,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1204
    Latitude
    41.1371
    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
    $0.00
    $100,000
    $409,000
    $509,000
    -
    $100,000
    $409,000
    $509,000

    Comparable in this City

    • Value Estimation by Request
      86,252 SF

      3930 Dupont Rd

      THEATER (MOVIE) • 86,252 SF
      3930 Dupont Rd, Fort Wayne, IN 46825-2448
      View Details
    • Value Estimation
      $175,000
      3,040 SF

      227 Dupont Rd

      THEATER (MOVIE) • 3,040 SF
      227 Dupont Rd, Fort Wayne, IN 46825-2047
      View Details
    • Value Estimation by Request
      1,665 SF

      8905 Auburn Rd

      THEATER (MOVIE) • 1,665 SF
      8905 Auburn Rd, Fort Wayne, IN 46825
      View Details
    • Value Estimation by Request
      68,230 SF

      211 Washington Ctr Rd

      THEATER (MOVIE) • 68,230 SF
      211 Washington Ctr Rd, Fort Wayne, IN 46825-4311
      View Details
    • Value Estimation
      $445,000
      11,300 SF

      4822 Projects Dr

      THEATER (MOVIE) • 11,300 SF
      4822 Projects Dr, Fort Wayne, IN 46825-5377
      View Details
    • Value Estimation
      $510,000
      20,796 SF

      5201 Camden Dr

      THEATER (MOVIE) • 20,796 SF
      5201 Camden Dr, Fort Wayne, IN 46825-5516
      View Details

    Similar Nearby for Sale

    • $3,250,000
      9.06 Acres

      Coldwater Road Commercial Land

      9 Acres, C1 Zoned, High Visibility
      6901 Coldwater Rd, Fort Wayne, IN 46825
      View Details
    • $525,000
      0.87 Acres

      Cordova Office Space for Lease

      Seven suites, 3,335 sq ft available
      5215 Coldwater Rd, Fort Wayne, IN 46825
      View Details
    • $678,000
      3.47 Acres

      Prime Fort Wayne Land - 3.46 Acres

      Exceptional vacant land, ideal for development.
      10000 Dawsons Creek Blvd, Fort Wayne, IN 46825
      View Details
    • Contact for pricing
      59,792 SF

      Class A Medical Office Building

      Medical office building on Dupont Hospital campus with skywalk access.
      2512 E Dupont Rd, Fort Wayne, IN 46825
      View Details
    • Contact for pricing
      20,000 SF

      Retail Development Land Available

      High-profile retail development opportunity near I-69 and Northrop High School.
      6901 Coldwater Rd, Fort Wayne, IN 46825
      View Details
    • Contact for pricing

      Divisible Land Parcel in Dupont

      5-acre divisible land parcel in Dupont Business & Medical Park.
      2900 Dupont Commerce Ct, Fort Wayne, IN 46825
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      21,025 SF

      Prime Fort Wayne Medical Office Space

      Class A medical office suites, 2,000-4,067 SF available.
      10020 Dupont Circle Ct, Fort Wayne, IN 46825
      View Details
    • Contact for pricing
      47,525 SF

      Dupont Road Retail Outparcel

      High-traffic ATM space available.
      2868 Dupont Rd, Fort Wayne, IN 46825
      View Details
    • $19 SF/Yr
      67,247 SF

      Dupont Office Center III: Fort Wayne

      Class A Office Space, I-69 Visibility
      9910 Dupont Circle Dr, Fort Wayne, IN 46825
      View Details
    • $6 SF/Yr
      24,194 SF

      Industrial Space Near Major Highways

      Warehouse and office space available near I-69, IN-3, US-33, US-30.
      4911 Industrial Rd, Fort Wayne, IN 46825
      View Details
    • $16 SF/Yr
      2,147 SF

      Retail Space in Northbrook Village

      High-visibility retail space in a well-located Fort Wayne shopping center.
      1509-1595 W Dupont Rd, Fort Wayne, IN 46825
      View Details
    • $15 SF/Yr
      1,100 SF

      Prime Retail Space in Fort Wayne

      Exceptional leasing opportunity in a high-traffic retail corridor.
      10376 Leo Rd, Fort Wayne, IN 46825
      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.
    1505 Bethany Ln
    Fort Wayne, IN 46825-4613
    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.