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Property profile

3909 Lake Ave Fort Wayne, IN 46805

FOR SALE
Medical Office Space
Property ID
US31-0035190
8,025 SF 1.3 ac lot Built 2008
Last sale Apr 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This stand-alone commercial building is situated on 1.30 acres and features an open floor plan intended to support flexible interior layout options. The property provides multiple access points and is positioned near the major intersection at 3909 Lake Ave, Fort Wayne, IN 46805, with suitability for both office and retail-oriented uses. The building is located within zoning classification C-2.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$903k
Assessed land$284k
Assessed improvement$619k
Effective rate2.64%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$345k
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$18k
Operating expenses−$29k
NOI · 11.67% cap applied$88k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
11.67%
$88k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.6
Building Supply18.9
Law Firm15.4

Location

3909 Lake Ave Fort Wayne, IN 46805
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2520 Lk Ave, Fort Wayne, IN 46805-5408 $362,000 Feb 2025 No data
2930 Lk, Fort Wayne, IN 46805-5416 $375,000 Jan 2020 4,571 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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