Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3802 Illinois Rd Fort Wayne, IN 46804-1202

    • Outlet malls
    • 96,982 SF
    • 8.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 01, 2022
    Location Intelligence
    Property ID
    US31-1255207
    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

    • Outlet malls

    Property Details for 3802 Illinois Rd

    Year built
    1977
    Construction
    TYPE NOT SPECIFIED
    Lot size
    8.06 lot acres
    Property size
    96,982 SF
    Property type
    Outlet malls
    APN
    02-12-05-477-009.000-074
    APU
    21205477009000074

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1911
    Latitude
    41.0759
    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
    $70,922
    $975,300
    $1,655,100
    $2,630,400
    -
    $975,300
    $1,655,100
    $2,630,400

    Comparable in this City

    • Value Estimation by Request
      213,793 SF

      1710 Apple Gln Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 213,793 SF
      1710 Apple Gln Blvd, Fort Wayne, IN 46804-1725
      View Details
    • Value Estimation by Request
      162,300 SF

      6310 Illinois Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 162,300 SF
      6310 Illinois Rd, Fort Wayne, IN 46804-5670
      View Details
    • Value Estimation by Request
      66,710 SF

      6323 Jefferson Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 66,710 SF
      6323 Jefferson Blvd, Fort Wayne, IN 46804
      View Details
    • Value Estimation by Request
      65,111 SF

      8801 Us Hwy 24th W

      WHOLESALE OUTLET, DISCOUNT STORE • 65,111 SF
      8801 Us Hwy 24th W, Fort Wayne, IN 46804-4747
      View Details
    • Value Estimation by Request
      218,656 SF

      5909 Illinois Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 218,656 SF
      5909 Illinois Rd, Fort Wayne, IN 46804-1159
      View Details
    • Value Estimation by Request
      58,913 SF

      1500 Apple Gln Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 58,913 SF
      1500 Apple Gln Blvd, Fort Wayne, IN 46804
      View Details

    Similar Nearby for Sale

    • $2,500,000
      31.23 Acres

      Illinois Road Commercial Land

      Prime Fort Wayne location, high traffic, versatile
      5200 Illinois Rd, Fort Wayne, IN 46804
      View Details
    • $1,000,000
      3,553 SF

      Prime Fort Wayne Executive Office

      3,553 SF Office, $1M, High-Growth Area
      5610 Coventry Ln, Fort Wayne, IN 46804
      View Details
    • $1,575,000
      7,650 SF

      Fort Wayne Restaurant - $1.575M

      Prime Retail Investment, Wild Crab Tenant
      6282 Jefferson Blvd, Fort Wayne, IN 46804
      View Details
    • $799,000

      Former Bank Branch with Drive-Thru

      Well-positioned outparcel for retail, office, or medical uses.
      5610 Coventry Ln, Fort Wayne, IN 46804
      View Details
    • $925,000
      4,263 SF

      Fort Wayne Automotive Retail Opportunity

      Prime commercial location near I-69 and Jefferson Pointe Shopping Center.
      5405 Illinois Rd, Fort Wayne, IN 46804
      View Details
    • $1,200,000
      5,988 SF

      Southwest Fort Wayne Restaurant

      Profitable Restaurant, High Traffic Area
      8607 Us-24, Fort Wayne, IN 46804
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,003 SF

      Open-Air Lifestyle Center Retail Space

      Retail space available in a Mediterranean-style shopping center.
      4130-4240 W Jefferson Blvd, Fort Wayne, IN 46804
      View Details
    • $1,575,000
      1,200 SF

      Retail Space in Covington Plaza

      Retail space available in high-traffic Fort Wayne shopping center.
      6230-6282 W Jefferson Blvd, Fort Wayne, IN 46804
      View Details
    • $25 SF/Yr
      2,000 SF

      Retail Space Near Jefferson Pointe

      Retail space adjacent to Jefferson Pointe, Fort Wayne, Indiana.
      1306 Apple Glen Blvd, Fort Wayne, IN 46804
      View Details
    • Contact for pricing
      6,557 SF

      Retail Space in Lifestyle Center

      Open-air shopping center with shops, restaurants, and entertainment.
      4020-4110 W Jefferson Blvd, Fort Wayne, IN 46804
      View Details
    • $14 SF/Yr
      80,119 SF

      Retail Space in Time Corners

      Retail space available in a well-located Fort Wayne shopping center.
      5826-5992 W Jefferson Blvd, Fort Wayne, IN 46804
      View Details
    • Contact for pricing
      5,066 SF

      Retail Space in Jefferson Pointe

      Open-air lifestyle center with shopping, dining, and entertainment options.
      4130-4150 W Jefferson Blvd, Ft Wayne, IN 46804
      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.
    3802 Illinois Rd
    Fort Wayne, IN 46804-1202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.