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Property profile & analytics
FOR LEASE
Outlet malls
3310 E Paulding Rd Fort Wayne, IN 46816
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-1242902
For Lease
1 / 3
$3,350,000
3310 E Paulding Rd, Fort Wayne, IN 46816
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
31,450 SF
Lot
5.39 ac (234,788 SF)
APN
02-13-29-101-002.000-070
UPID
US31-1242902
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
-
Save A Lot Grocery & Convenience Store Food Market
-
Casselwood Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.40M
CAP Approach
CAP
$4.65M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.35M
Owner & transaction history
3310 East Paulding Road LLC · 3 yrs held
3310 East Paulding Road LLC
since 2022
Last sale
$3.4M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Wayne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,205,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
$5,035,000
6.5%
$4,650,000
7%
$4,315,000
Blend value · Realmo final
$3.35M
Range $3.02M – $3.69M · ±10% · vs last sale $3.40M (Dec 12 2022)
Last sale anchor
$3.40M
Dec 12 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,803
Tax year 2023
Assessed value
$847,600
Assessed 2023
Previous assessed
$847,600
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$439,700
Assessed improvement
$407,900
Land market value
$439,700
Improvement market value
$407,900
Total market value
$847,600
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
31,450 SF
Lot
5.39 ac (234,788 SF)
APN
02-13-29-101-002.000-070
UPID
US31-1242902
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
5.39 ac
Current owner
From public records · entity-resolved
3310 East Paulding Road LLC
Entity
Mailing address
1185 CAMBRIA DR, TROY, MI 48085-1294
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
$3,400,000
3310 East Paulding Road LLC
Casselwood Plaza X LLC
Warranty Deed
$3,092,000 · Oklahoma State Bank
Aug 6, 2019
—
Casselwood Plaza X LLC
Casselwood Investors LLC
Warranty Deed
—
Oct 26, 2007
—
Casselwood Investors LLC
Drane Realty Co INC
Special Warranty Deed
$1,985,000 · Lake City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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