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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2730 Coliseum Blvd Fort Wayne, IN 46805-1596

    • Warehouses
    • 12,460 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US31-2354785
    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

    • Warehouses

    Property Details for 2730 Coliseum Blvd

    Year built
    1981
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.75 lot acres
    Property size
    12,460 SF
    Property type
    Warehouses
    APN
    02-08-30-428-003.006-072
    APU
    20830428003006072

    Description

    This exceptional 12,756-square-foot industrial property, located at 2730 E. Coliseum Blvd in Fort Wayne, Indiana, presents a unique investment or leasing opportunity. The single-tenant building, classified as Class B, boasts a flexible design ideal for research and development or other industrial uses. Constructed in 1973 and renovated in 1984, the property features a 0.65-acre lot, one story, and two drive-in bays, ensuring convenient access and ample space for operations. The building is situated within the BTI/Business, Technology & Industrial Park, zoned accordingly, providing a strategic location for businesses seeking a thriving industrial environment. A new roof was installed in 2020, enhancing the property's overall condition and longevity. The property's proximity to Purdue Fort Wayne and access to high-speed internet make it particularly attractive for technology-focused businesses, including potential data center operations. The asking price for the sale of this property is $500,000. Alternatively, the property is available for lease at a rate of $5.00 per square foot annually, with the tenant responsible for property taxes, insurance, and maintenance (NNN). This prime location and versatile space offer a compelling opportunity for businesses seeking a functional and well-located industrial facility in Fort Wayne. The property's APN is 02-08-30-428-003.006-072 and the zip code is 46805.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1041
    Latitude
    41.1078
    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
    $7,161
    $73,500
    $197,600
    $271,100
    -
    $73,500
    $197,600
    $271,100

    Comparable in this City

    • Value Estimation by Request
      1,596 SF

      1616 Edgewater Ave

      STORAGE YARD, OPEN STORAGE • 1,596 SF
      1616 Edgewater Ave, Fort Wayne, IN 46805
      View Details
    • Value Estimation
      $550,000
      24,252 SF

      1514 Saint Joe Blvd

      WAREHOUSE, STORAGE • 24,252 SF
      1514 Saint Joe Blvd, Fort Wayne, IN 46805-4238
      View Details
    • Value Estimation by Request
      14,022 SF

      3936 Mobile Ave

      WAREHOUSE, STORAGE • 14,022 SF
      3936 Mobile Ave, Fort Wayne, IN 46805-1025
      View Details
    • Value Estimation by Request
      288 SF

      2100 Hobson Dr

      STORAGE YARD, OPEN STORAGE • 288 SF
      2100 Hobson Dr, Fort Wayne, IN 46805
      View Details
    • Value Estimation by Request
      6,650 SF

      330 Edna St

      STORAGE YARD, OPEN STORAGE • 6,650 SF
      330 Edna St, Fort Wayne, IN 46805-3247
      View Details
    • Value Estimation by Request
      1,152 SF

      230 4th St

      STORAGE YARD, OPEN STORAGE • 1,152 SF
      230 4th St, Fort Wayne, IN 46805-4002
      View Details

    Similar Nearby for Sale

    • $7,000,000
      60,040 SF

      Park 3000: Fort Wayne Investment

      60,040 SF Office/Industrial Complex
      2980 Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • $3,724,380
      169,448 SF

      Roller Dome North Redevelopment Opportunity

      Redevelopment opportunity near shopping, retail, and industrial corridors.
      444 Coliseum Blvd West, Fort Wayne, IN 46805
      View Details
    • $4,000,000
      36,533 SF

      Fort Wayne Industrial Investment Opportunity

      36,533 SF building with 5 units, 100% occupancy.
      3427-3425 North Clinton St, Fort Wayne, IN 46805
      View Details
    • $3,724,380
      169,448 SF

      Fort Wayne Industrial Redevelopment

      Prime location, high-traffic area, redevelopment opportunity.
      444 Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • $1,350,000
      9,500 SF

      Fort Wayne Adult Club Business

      Thriving Adult Club, Prime Location
      1002 Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • $150,000
      0.90 Acres

      Coliseum Blvd Frontage Land Available

      0.9 acre commercial land with frontage on Coliseum Blvd.
      1727 N Coliseum Blvd, Fort Wayne, IN 46805
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      89,080 SF

      Industrial Space on Coliseum Boulevard

      7,800 SF industrial space with I-69 access.
      917 North Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • $6 SF/Yr
      13,222 SF

      Fort Wayne Industrial Space Available

      Versatile industrial space for lease in Fort Wayne, Indiana.
      3936 Mobile Ave, Fort Wayne, IN 46805
      View Details
    • $4 SF/Yr
      89,080 SF

      Office/Flex Space For Rent

      Office and flex space with high visibility and easy access.
      909-929 N Coliseum Blvd, Fort Wayne, IN 46805
      View Details
    • $9 SF/Yr
      5,238 SF

      Industrial Space For Rent

      Industrial property available for rent with high visibility.
      431-445 Fernhill Ave, Fort Wayne, IN 46805
      View Details
    • $12 SF/Yr
      575 SF

      Lake Avenue Executive Office Suite

      Downtown-adjacent office space, 575 sq ft available.
      2250 Lake Ave, Fort Wayne, IN 46805
      View Details
    • Contact for pricing
      7,930 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
    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.
    2730 Coliseum Blvd
    Fort Wayne, IN 46805-1596
    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

    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.