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Financial
Distress signals
Property profile

2902 E Dupont Rd Fort Wayne, IN 46825

FOR SALE
Hotels
Property ID
US31-3324404
44,407 SF 1.55 ac lot Built 2000
Last sale Dec 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a three-story, 76-room hotel in Fort Wayne, Indiana with a total building area of 44,407 square feet. It includes an indoor swimming pool, a fitness center, and an on-site breakfast area. The building is located near Glenbrook Square in Northeast Indiana, with access to dining and entertainment options as well as major roadways and nearby commercial areas. The property was previously converted to operate as a Best Western through significant capital improvements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$56k
Tax billed · 2023
Assessed value$2.14M
Assessed land$426k
Assessed improvement$1.71M
Effective rate2.64%

Value estimate

· Oct 2026
$930k
$837k – $1.02M
AI approach$660k
Submarket $/SF estimate$1.20M
NOI build-up
Gross scheduled income$533k
Vacancy & credit loss−$64k
Operating expenses−$246k
NOI · 3.65% cap applied$223k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.65%
$223k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.8
Law Firm16.1
Wholesale Shop15.2

Location

2902 E Dupont Rd Fort Wayne, IN 46825
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5345 Distribution, Fort Wayne, IN 46825-5111 $3,585,000 Jan 2021 37,348 SF
2881 Dupont, Fort Wayne, IN 46825-1668 $2,875,000 Sep 2020 29,740 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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