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Financial
Distress signals
Property profile

5200 Illinois Rd Fort Wayne, IN 46804

FOR SALE
Parking lots & garages
Property ID
US31-0445978
20 ac lot Built 1977
Last sale Feb 2013 · $245,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 100,000-square-foot industrial building presents a rare opportunity in Fort Wayne, Indiana. Situated on a substantial 31.23-acre lot (1,360,000 square feet), this property boasts a prime location just off the I-69 North and South on/off ramps, ensuring seamless access to major transportation arteries. The I-2 General Industrial zoning allows for a wide range of manufacturing, warehouse, and distribution uses. The building is currently vacant, offering immediate occupancy for…

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?
$6k
Tax billed · 2023
Assessed value$234k
Assessed land$228k
Assessed improvement$5k
Effective rate2.70%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.5
Parking Facility10.0
Plumbing Service9.6

Location

5200 Illinois Rd Fort Wayne, IN 46804
County assessor Recorded deeds · 1 transfer 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

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
8233 Glencarin, Fort Wayne, IN 46804-5784 $624,000 Oct 2019 3,030 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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