5345 Distribution Dr Fort Wayne, IN 46825-5111
Property profile & analytics
5345 Distribution Dr, Fort Wayne, IN 46825-5111
- Hotels
- 37,348 SF
- 2.12 lot acres
Property ID
US31-2965398
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.
Location Intelligence
Current Use by Public Records
- Tru by Hilton Fort Wayne / Hotel & Motel
- Vantage Auto Transport Co. / Trucking Company
- Lavazza / Cafe & Coffee Shop
Property Details for 5345 Distribution Dr
- Year built
- 2017
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.12 lot acres
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 02-07-23-151-003.000-073
- APU
- 20723151003000073
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 11, 2022 | — | Fort Hotels LLC | — | Deed · related | $7.5M · The Farmers & Merchants State Bank |
| Jan 4, 2021 | — | Fort Hotels LLC | Fort Hotels LLC | Intrafamily Transfer · related | $320k · The Farmers & Merchants National Ba |
| Nov 30, 2020 | — | Fort Hotels LLC | Fort Hotels LLC | Intrafamily Transfer · related | — |
| Apr 6, 2017 | — | Fort Hotels LLC | — | Deed · related | $3.9M · First Federal Savings Bank |
| Dec 23, 2015 | $3,585,000 | Gc Fort Wayne In Landlord LLC | Golden Corral Corp | Special Warranty Deed | — |
| Feb 27, 2006 | — | Focus Bridge Fort Wayne LLC | Focus Fort Wayne LLC | Warranty Deed | $4.3M · Standard Bank & Trust Co |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,605,000
- ML approach
- $3,580,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,120,000
- 6.5%
- $2,880,000
- 7%
- $2,675,000
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $3,350,000 Current use
- COMMERCIAL (GENERAL)
- $4,095,000 Change: +22% Conversion: Difficult
- RESTAURANT
- $3,155,000 Change: -6% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,735,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1552
- Latitude
- 41.1274
- 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
$83,942
$369,900
$2,813,100
$3,183,000
-
$369,900
$2,813,100
$3,183,000
