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    Property profile & analytics

    4740 Lima Rd Fort Wayne, IN 46808-1204

    • Automotive properties
    • 13,699 SF
    • 4.30 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US31-0524239
    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

    • Don Ayres Honda / Auto Broker / Car Finance And Loan Company
    • Don Ayres Honda Service / Auto Parts Store / Car Repair And Maintenance Service
    • Don Ayres Honda Parts / Auto Parts Store / Car Accessories Store
    • Honda Rick Kruger / Car Dealer

    Property Details for 4740 Lima Rd

    Year built
    1988
    Construction
    WOOD
    Lot size
    4.30 lot acres
    Property size
    13,699 SF
    Property type
    Automotive properties
    APN
    02-07-23-326-005.000-073
    APU
    20723326005000073

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $565,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $525,000
      Mixed-Use
      $515,000
      Hospitality
      $580,000
      Educational
      $435,000
      Residential Income
      $465,000
      Energy
      $495,000
      Income-Based Land
      $550,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1497
    Latitude
    41.1224
    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
    $17,445
    $539,500
    $122,000
    $661,500
    -
    $539,500
    $122,000
    $661,500

    Comparable in this City

    • Value Estimation
      $395,000
      5,400 SF

      2530 Congressional Pkwy

      VEHICLE SALES, RENTALS • 5,400 SF
      2530 Congressional Pkwy, Fort Wayne, IN 46808-1800
      View Details
    • Value Estimation by Request
      45,820 SF

      5230 Value Dr

      VEHICLE SALES, RENTALS • 45,820 SF
      5230 Value Dr, Fort Wayne, IN 46808-4047
      View Details
    • Value Estimation
      $470,000
      1,750 SF

      517 Coliseum Blvd

      VEHICLE SALES, RENTALS • 1,750 SF
      517 Coliseum Blvd, Fort Wayne, IN 46808
      View Details
    • Value Estimation
      $360,000
      16,960 SF

      2133 Coliseum Blvd

      VEHICLE SALES, RENTALS • 16,960 SF
      2133 Coliseum Blvd, Fort Wayne, IN 46808-3630
      View Details
    • Value Estimation
      $330,000
      3,520 SF

      2515 Scotswolde Dr

      VEHICLE SALES, RENTALS • 3,520 SF
      2515 Scotswolde Dr, Fort Wayne, IN 46808-1333
      View Details
    • Value Estimation by Request
      0.56 Acres

      1518 Richardson St

      PARKING LOT • 0.56 Acres
      1518 Richardson St, Fort Wayne, IN 46808
      View Details

    Similar Nearby for Sale

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      8,830 SF building on 1.45 acres for sale.
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      Goshen Road Retail Investment Opportunity

      Fort Wayne retail property, high growth area.
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      Adaptable building suitable for retail or office use.
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      Downtown Fort Wayne Bar for Sale

      Historic Main Street, turnkey bar, liquor license included.
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      Fort Wayne Residential Land - $124,999

      Prime 0.32-acre residential lot in Fort Wayne.
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      Wells Street Warehouse Opportunity

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    Similar Nearby for Lease

    • $13 SF/Yr
      2,644 SF

      Retail Space with Dedicated Parking

      Retail space in vibrant corridor with on-site parking.
      1530 N Wells St, Fort Wayne, IN 46808
      View Details
    • $11 SF/Yr
      2,520 SF

      Retail Space in Established Center

      Retail space available in a well-established shopping center.
      6505 E State Blvd, Fort Wayne, IN 46808
      View Details
    • $6 SF/Yr
      2,607 SF

      Retail Spaces in Kroger Anchored Center

      Retail and office spaces available in Kroger anchored shopping center.
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      View Details
    • $6 SF/Yr
      43,560 SF

      Retail Space Near I-69

      Retail spaces available near I-69 and Downtown Fort Wayne.
      1421-1575 Goshen Ave, Fort Wayne, IN 46808
      View Details
    • $12 SF/Yr

      Retail Center on Bustling Street

      Retail suites available in high-traffic Fort Wayne location.
      821 W Coliseum Blvd, Fort Wayne, IN 46808
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in a professionally managed center.
      1575 Goshen Rd, Fort Wayne, IN 46808
      View Details
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    Fort Wayne, IN 46808-1204
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    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
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