Property profile

4622 State Blvd Fort Wayne, IN 46815

OFF-MARKET
Office Spaces
Property ID
US31-1082803
3,730 SF 0.29 ac lot Built 1988
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant office space, located at 4622 E State Blvd in Fort Wayne, Indiana, presents a fantastic opportunity. The property boasts a total of 3,730 square feet, all currently vacant and ready for immediate occupancy. The building, constructed in 1988, is a Class B, single-story structure situated on a 0.29-acre lot. The property is zoned C-1 and features ample parking with 23 spaces available. While there are no elevators, the single-story design ensures easy accessibility. Utilities include power. This versatile space is suitable for a variety of uses, including traditional office and medical office settings. The property's address is 4622 E State Blvd, Fort Wayne, IN 46815, and its location within the Fort Wayne submarket offers excellent access to local amenities and transportation. The APN is 02-08-32-426-016.000-072. This is a rare opportunity to secure a substantial, well-located office space in a thriving market. The entire 3,730 square feet is available for lease.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1988
Construction WOOD
Total area 3,730 SF
Lot 0.29 ac (12,632 SF)
APN 02-08-32-426-016.000-072
UPID US31-1082803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Engineering Consultant
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

4622 State Blvd Fort Wayne, IN 46815-6921
Fort Wayne metro Census 10821 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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