3030 Lake Ave Fort Wayne, IN 46805
- Medical offices
- 44,310 SF
- 3.38 lot acres
Current Use by Public Records
- Luarde Deborah M DDS / Dentist
- Patsy A. Donn, EdD / Psychologist
- Hoosier Physical Therapy / Physical Therapy Clinic / Physical Therapist
- Parkview Physicians Group / Physician Referral Service
- Van Den Driess Thomas MD / Geriatrician
Property Details for 3030 Lake Ave
- Year built
- 1972
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.38 lot acres
- Property size
- 44,310 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 02-13-06-227-001.000-070
- APU
- 21306227001000070
Description
This single-story, 44,172 square foot office building at 3030 Lake Avenue in Fort Wayne, Indiana, offers a variety of lease options for executive and creative office spaces. Currently, 12,339 square feet are vacant, with a maximum contiguous space of 6,655 square feet available. Built in 1972, the property features multiple tenancies, each with dedicated restrooms and extensive plumbing. The building is ADA compliant, boasting four separate entrances and ample surface parking. The location is highly desirable, situated within Fort Wayne's major medical/service district, near Parkview Hospital-Randallia, VA-Northern Indiana Health Care System, St. Anne Home & Retirement Community, and Crossroad Child & Family Services, and directly adjacent to the $38 million Byron Health Center project. Lease rates generally range from $7.50 to $12.00 per square foot annually, however, Suite 30 is available for $500 per month on a month-to-month basis. The property is zoned R-1 and its APN is 02-13-06-227-001.000-070. This prime location offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. Inquire today to learn more about available suites and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $815,000
- 6.5%
- $795,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $760,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $880,000
- Retail
- $940,000
- Mixed-Use
- $765,000
- Hospitality
- $915,000
- Educational
- $760,000
- Residential Income
- $730,000
- Energy
- $835,000
- Income-Based Land
- $935,000
- Food Service
- $905,000
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.0995
- Latitude
- 41.0891
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
