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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Turn key restaurants
2720 Maplecrest Rd Fort Wayne, IN 46815-7058
Entity Owned
Absentee Owner
Free & Clear
Property ID
US31-3496891
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2018
Construction
TYPE NOT SPECIFIED
Total area
8,784 SF
Lot
0.81 ac (35,196 SF)
APN
02-08-34-105-002.000-072
UPID
US31-3496891
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardee's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$510k
Owner & transaction history
Maplecrest Partners LLC
Maplecrest Partners LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Wayne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$820,000
Current use
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,866
Tax year 2023
Assessed value
$979,200
Assessed 2023
Previous assessed
$979,200
+0.0% YoY
Effective rate
2.64%
On assessed value
Assessed land
$352,000
Assessed improvement
$627,200
Land market value
$352,000
Improvement market value
$627,200
Total market value
$979,200
Applied tax rate
75.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2018
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
8,784 SF
Lot
0.81 ac (35,196 SF)
APN
02-08-34-105-002.000-072
UPID
US31-3496891
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$820,000
RESTAURANT Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Maplecrest Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5654 COVENTRY LN, FORT WAYNE, IN 46804-7140
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
—
Maplecrest Partners LLC
The Johnston Family Trust
Quitclaim Deed
related
—
Aug 10, 2018
$465,000
Hire Development LLC
Gary J Laiio
Warranty Deed
$900,000 · First Merchants Bank
Nov 1, 2017
$5,895
City Of Fort Wayne Indiana
Gary J Lallo
Warranty Deed
—
Dec 21, 2016
$225,000
Gary J Lallo
Conser Holdings LLC
Warranty Deed
$265,000 · Iab Financial Bank
Aug 12, 2016
$225,000
Gary J Lallo
Conser Holdings LLC
Contract Sale
—
Apr 28, 2010
—
Conser Holdings LLC
Gregg A Conser
Warranty Deed
—
May 27, 2005
—
Gregg A Conser
Danes Of Shadam INC
Corporation Deed
$550,000 · Fifth Third Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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