444 Coliseum Blvd W Fort Wayne, IN 46805
For Sale
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This exceptional investment opportunity encompasses a 169,448-square-foot industrial and retail property located at 444 Coliseum Blvd W, Fort Wayne, Indiana, 46805. The property consists of three buildings constructed in 1950, 1972, and 1985, situated on a prime corner lot at a heavily trafficked intersection. The main building, formerly known as Roller Dome North, is complemented by two additional warehouse buildings located at 4515 and 4517 Industrial Road. The property is zoned I3 - Heavy Industrial and offers significant redevelopment potential given its location near numerous retail and industrial corridors, shopping centers, restaurants, and attractions. The asking price is $3,724,380, translating to $21.98 per square foot and $1,241,460 per unit. The property is currently vacant, offering a blank canvas for future development. A key feature is an existing leased billboard generating rental income. The Allen County property includes three separate APNs: 02-07-23-337-001.000-073, 02-07-23-377-002.000-073, and 02-07-23-377.000-073. This location benefits from established infrastructure and high visibility due to its proximity to major thoroughfares and a signalized intersection. This presents a unique chance to capitalize on a high-demand area with significant upside potential.
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Roller Dome North Sports Field & Court
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.