Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3750 Wls St Fort Wayne, IN 46808-4033
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3750 Wls St Fort Wayne, IN 46808-4033

    View on Map
    • Commercial real estate
    • 5,000 SF
    • 0.58 lot acres
    Off-Market
    Property ID
    US31-0801669
    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.
    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3750 Wls St

    Year built
    2006
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.58 lot acres
    Property size
    5,000 SF
    Property type
    Commercial real estate
    APN
    02-07-26-179-001.001-073
    APU
    20726179001001073

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $855,000
      6.5%
      $790,000
      7%
      $730,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $650,000
      Market price range: $141k - $651k
      AI Estimate
      $559,000
      Market price range: $156k - $560k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $475,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1474
    Latitude
    41.1108
    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
    $10,525
    $75,800
    $323,300
    $399,100
    -
    $75,800
    $323,300
    $399,100

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      1421 Goshen Rd

      Individual retail properties • 177,833 SF
      1421 Goshen Rd, Fort Wayne, IN 46808
      View Details
    • Value Estimation by Request
      3,040 SF

      1822 Wheeler St

      SHOW ROOM, WAREHOUSE • 3,040 SF
      1822 Wheeler St, Fort Wayne, IN 46808-3755
      View Details
    • Value Estimation by Request
      2,204 SF

      1327 Main St

      COMMERCIAL (GENERAL) • 2,204 SF
      1327 Main St, Fort Wayne, IN 46808-3346
      View Details
    • Value Estimation by Request
      3,905 SF

      1601 Short St

      COMMERCIAL (GENERAL) • 3,905 SF
      1601 Short St, Fort Wayne, IN 46808-3228
      View Details
    • Value Estimation by Request
      1,560 SF

      3622 Wls St

      SHOW ROOM, WAREHOUSE • 1,560 SF
      3622 Wls St, Fort Wayne, IN 46808
      View Details
    • Value Estimation by Request
      1,339 SF

      1327 Goshen Ave

      COMMERCIAL (GENERAL) • 1,339 SF
      1327 Goshen Ave, Fort Wayne, IN 46808-2033
      View Details

    Similar Nearby for Sale

    • $489,000
      1.05 Acres

      Land with Commercial Potential

      Over one acre of land with commercial potential.
      3726 W State Blvd, Fort Wayne, IN 46808
      View Details
    • Contact for pricing
      302,819 SF

      Class A Office Technology Campus

      302,819 SF leased to Raytheon and Parkview through 2033.
      1010 Production Rd, Fort Wayne, IN 46808
      View Details
    • $1,400,000
      17,223 SF

      Industrial Building Near Downtown

      Well-maintained industrial building in Opportunity Zone near downtown.
      520 Spring St, Fort Wayne, IN 46808
      View Details
    • Contact for pricing

      Commercial Land Near Kroger Center

      Commercial land for sale near downtown Fort Wayne.
      1329 W State Blvd, Fort Wayne, IN 46808
      View Details
    • $189,900
      0.52 Acres

      Commercial Land Near Hillegas Road

      Half-acre commercial land with endless potential near Hillegas Road.
      3700 W State Blvd, Fort Wayne, IN 46808
      View Details
    • $2,300,000
      8,830 SF

      Redevelopment Opportunity on Coliseum Boulevard

      8,830 SF building on 1.45 acres for sale.
      930 East Coliseum Blvd, Fort Wayne, IN 46808
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,284 SF

      Clean Warehouse/Flex Space Available

      Air-conditioned warehouse/flex space with ample parking and office.
      5335 Bass Rd, Fort Wayne, IN 46808
      View Details
    • Contact for pricing
      4,380 SF

      Office Space Near Universities

      Three-story office buildings near Purdue University Fort Wayne.
      3500 East Coliseum Blvd, Fort Wayne, IN 46808
      View Details
    • $7 SF/Yr
      4,960 SF

      Wells Street Warehouse Opportunity

      Historic Fort Wayne Warehouse, 4,960 SF
      1441 Wells St, Fort Wayne, IN 46808
      View Details
    • Contact for pricing

      Retail Space in Fort Wayne

      Retail space available in well-known Fort Wayne business district.
      902 Goshen Ave, Fort Wayne, IN 46808
      View Details
    • Contact for pricing
      12,461 SF

      Warehouse with Air-Conditioned Office

      Warehouse with 1,639 SF office and outdoor storage.
      2010 Lakeview Dr, Fort Wayne, IN 46808
      View Details
    • $7 SF/Yr
      7,077 SF

      Warehouse Space Near I-69

      Multi-tenant warehouse space available near I-69 in Fort Wayne.
      5109-5125 Executive Blvd, Fort Wayne, IN 46808
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3750 Wls St
    Fort Wayne, IN 46808-4033
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!