Technical
Financial
Distress signals
Property profile

520 Southview Ave Fort Wayne, IN 46806

OFF-MARKET
Auto shops
Property ID
US31-3461820
5,600 SF 0.24 ac lot Built 1972
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 520 Southview Avenue in Fort Wayne, Indiana, presents a unique investment opportunity. The property boasts a substantial 5,600 square feet of retail space, situated on a generous 10,368 square foot lot. Built in 1972, this single-story building offers ample space for a variety of retail uses. The asking price is $625,000. Convenient off-street parking is available in a paved lot, providing ample space for customers and employees. The property's location in Allen County, zip code 46806, offers excellent visibility and accessibility. This is an ideal opportunity for an established business seeking expansion or a new venture looking for a strong foothold in a thriving market. The property's size and location make it a highly attractive investment prospect. The existing structure provides a solid foundation for immediate occupancy or potential redevelopment. Serious inquiries are encouraged to explore this promising commercial real estate offering. Detailed property information and financial documents are available upon request. Don't miss this chance to acquire a prime retail space in a desirable Fort Wayne location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 5,600 SF
Lot 0.24 ac (10,280 SF)
APN 02-12-24-357-004.000-074
UPID US31-3461820

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
  • Tour Operator
  • Construction Company General Contractor
  • Construction Company

Location

520 Southview Ave Fort Wayne, IN 46806-3032
Fort Wayne metro Census 3100 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2011
Price N/A
2009
Price N/A
2007
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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