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Property profile & analytics
FOR LEASE
Medical Office Space

3030 Lake Ave Fort Wayne, IN 46805

44,310 SF 3.38 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-1128201
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 44,310 SF
Lot 3.38 ac (147,277 SF)
APN 02-13-06-227-001.000-070
UPID US31-1128201
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
  • Luarde Deborah M DDS Dental Office
  • Patsy A. Donn, EdD Physician Medical Clinic
  • Hoosier Physical Therapy Physician
  • Parkview Physicians Group Physician Referral Service
  • Van Den Driess Thomas MD Geriatric Care Provider
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$970k
Owner & transaction history
Midwest Enterprises LLC · 4 yrs held
Midwest Enterprises LLC
since 2022
2 recorded transactions
2024
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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