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Property profile & analytics
OFF-MARKET
Medical Office Space
527 Berry St Fort Wayne, IN 46802-2103
Individually Owned
6-yr Hold
Free & Clear
Property ID
US31-0851270
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1880
Construction
WOOD
Total area
4,596 SF
Lot
0.14 ac (5,924 SF)
APN
02-12-02-379-002.000-074
UPID
US31-0851270
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cedars Hope Inc Social Service Agency Charitable Organization
-
Fort Wayne Pride Center Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Plymouth Congregational Chr Of Fort · 6 yrs held
Plymouth Congregational Chr Of Fort
since 2020
Last sale
$200,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Wayne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$163,500
Assessed 2023
Previous assessed
$163,500
+0.0% YoY
Assessed land
$47,400
Assessed improvement
$116,100
Land market value
$47,400
Improvement market value
$116,100
Total market value
$163,500
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1880
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Rooms
5
Bathrooms
2
Total area
4,596 SF
Lot
0.14 ac (5,924 SF)
APN
02-12-02-379-002.000-074
UPID
US31-0851270
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1880
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
3
Rooms
5
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Plymouth Congregational Chr Of Fort
Individual
Free & Clear · 6 yrs held
Mailing address
501 W BERRY ST, FORT WAYNE, IN 46802-2103
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2020
$200,000
Plymouth Congregational Chr Of Fort
Mental Health America In Allen Cnty
Corporation Deed
—
May 4, 2015
—
Mental Health America In Allen Cnty
Cedars Hope INC
Quit Claim Deed
related
—
Jun 25, 2007
—
Cedars Hope INC
Homeless Task Force Of Fort Wayne I
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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