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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Office Spaces

3901 Wayne Ave Fort Wayne, IN 46807-2257

18,315 SF 0.82 ac lot Built 1949
Entity Owned Free & Clear
Property ID
US31-0559861
Property summary
AI-generated overview

This exceptional 18,315 square foot Class B executive office building presents a compelling investment opportunity in Fort Wayne, Indiana. Located at 3901 South Wayne Avenue, this two-story structure (plus basement) boasts excellent visibility and convenient access to the Fort Wayne International Airport via Rudisill Boulevard. Built in 1949, the property sits on a 0.82-acre lot (APN: 02-12-14-376-001.000-074) and is zoned R-1, offering multiple potential uses. Ample paved surface parking is situated directly adjacent to the building, providing convenient access for employees and clients. The asking price is $350,000, translating to a price per square foot of $19.11. The property's strategic location and substantial square footage make it an ideal choice for a variety of businesses. Note that additional land may be available to the south of the existing building, presenting further expansion possibilities. This property offers a rare combination of size, location, and potential, making it a highly attractive investment prospect.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1949
Construction TYPE NOT SPECIFIED
Total area 18,315 SF
Lot 0.82 ac (35,763 SF)
APN 02-12-14-376-001.000-074
UPID US31-0559861
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.29M
Owner & transaction history
Refuge Fw LLC
Refuge Fw LLC
since 2026
3 recorded transactions
2026
Price N/A
2025
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.7M +27.9%
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