Technical
Financial
Distress signals
Property profile

5221 Illinois Rd Fort Wayne, IN 46804

OFF-MARKET
Retail space
Property ID
US31-0104715
5,280 SF 2.35 ac lot Built 1988
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction WOOD
Total area 5,280 SF
Lot 2.35 ac (102,366 SF)
APN 02-12-08-101-002.000-074
UPID US31-0104715

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
  • Car Dealership

Location

5221 Illinois Rd Fort Wayne, IN 46804-1174
Fort Wayne metro Census 11501 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
$780k
Comparable Approach Comparable
$426k
Blend (final) Blend
$615k

Owner & transaction history

since 2011
4 recorded transactions
2017
Price N/A
2011
$807,500
2009
$700,000
2009
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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