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    Property profile & analytics

    3220 Wayne Trce Fort Wayne, IN 46806-1459

    • Grocery and convenience stores
    • 3,444 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US31-1243164
    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

    • Subway / Caterer / Sandwich Shop
    • Phillips 66 / Gas Station
    • ATM (Clark) / Atm
    • Wayne Trace Express / Gas Station

    Property Details for 3220 Wayne Trce

    Year built
    2016
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.49 lot acres
    Property size
    3,444 SF
    Property type
    Grocery and convenience stores
    APN
    02-13-18-281-017.000-069
    APU
    21318281017000069

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $325,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $305,000
      Mixed-Use
      $335,000
      Hospitality
      $310,000
      Educational
      $310,000
      Residential Income
      $310,000
      Energy
      $275,000
      Income-Based Land
      $325,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.0974
    Latitude
    41.0563
    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
    $10,844
    $43,000
    $366,100
    $409,100
    -
    $43,000
    $366,100
    $409,100

    Comparable in this City

    • Value Estimation
      $305,000
      2,148 SF

      2702 Clinton St

      CONVENIENCE STORE • 2,148 SF
      2702 Clinton St, Fort Wayne, IN 46806-1058
      View Details
    • Value Estimation
      $305,000
      2,400 SF

      4220 Hanna St

      CONVENIENCE STORE • 2,400 SF
      4220 Hanna St, Fort Wayne, IN 46806-1826
      View Details
    • Value Estimation
      $405,000
      2,888 SF

      4181 Hessen Cassel Rd

      CONVENIENCE STORE • 2,888 SF
      4181 Hessen Cassel Rd, Fort Wayne, IN 46806-4506
      View Details
    • Value Estimation
      $255,000
      1,008 SF

      249 Rudisill Blvd

      CONVENIENCE STORE • 1,008 SF
      249 Rudisill Blvd, Fort Wayne, IN 46806-1750
      View Details
    • Value Estimation
      $335,000
      2,344 SF

      5405 Anthony Blvd

      CONVENIENCE STORE • 2,344 SF
      5405 Anthony Blvd, Fort Wayne, IN 46806-3315
      View Details
    • Value Estimation
      $655,000
      45,969 SF

      5501 Anthony Blvd

      GROCERY, SUPERMARKET • 45,969 SF
      5501 Anthony Blvd, Fort Wayne, IN 46806-3317
      View Details

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    Similar Nearby for Lease

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    Fort Wayne, IN 46806-1459
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    Realmo Value Estimation

    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.

    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.

    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
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