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    Property profile & analytics

    5409 Winchester Rd Fort Wayne, IN 46819-1127

    • Commercial real estate
    • 9,621 SF
    • 5.60 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Dec 22, 2021
    Location Intelligence
    Property ID
    US31-0693024
    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.

    Current Use by Public Records

    • Broadview Florist & Greenhouses / Florist

    Property Details for 5409 Winchester Rd

    Year built
    1952
    Construction
    WOOD
    Lot size
    5.60 lot acres
    Property size
    9,621 SF
    Property type
    Commercial real estate
    APN
    02-12-22-404-002.000-074
    APU
    21222404002000074

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1571
    Latitude
    41.0365
    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
    $3,818
    $42,000
    $102,000
    $144,000
    -
    $42,000
    $102,000
    $144,000

    Comparable in this City

    • Value Estimation
      $320,000
      2,148 SF

      7330 Winchester Rd

      COMMERCIAL (GENERAL) • 2,148 SF
      7330 Winchester Rd, Fort Wayne, IN 46819-1534
      View Details
    • Value Estimation by Request
      0.67 Acres

      7620 Winchester Rd

      COMMERCIAL (GENERAL) • 0.67 Acres
      7620 Winchester Rd, Fort Wayne, IN 46819
      View Details
    • Value Estimation by Request
      0.28 Acres

      7615 Allison Ave

      COMMERCIAL (GENERAL) • 0.28 Acres
      7615 Allison Ave, Fort Wayne, IN 46819
      View Details
    • Value Estimation by Request
      2.07 Acres

      5425 Winchester Rd

      COMMERCIAL (GENERAL) • 2.07 Acres
      5425 Winchester Rd, Fort Wayne, IN 46819-1127
      View Details
    • Value Estimation by Request
      1.50 Acres

      7200 Mill Run Rd

      Land • 1.50 Acres
      7200 Mill Run Rd, Fort Wayne, IN 46819
      View Details
    • Value Estimation
      $65,000
      1.47 Acres

      7500 Allison Ave

      COMMERCIAL (GENERAL) • 1.47 Acres
      7500 Allison Ave, Fort Wayne, IN 46819
      View Details

    Similar Nearby for Sale

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      1.50 Acres

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      Land For Sale

      Land available for sale in Fort Wayne, Indiana.
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      Fort Wayne Industrial Land for Sale

      I-469 Access, Build-to-Suit Options
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      Commercial Land Near Airport

      Commercial land suitable for hospitality, industrial, or transportation logistics.
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    Similar Nearby for Lease

    • $7 SF/Yr

      Fort Wayne Industrial Facility For Rent

      19,990 SF industrial facility near Fort Wayne International Airport.
      2525 W Ferguson Rd, Fort Wayne, IN 46819
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    • $25 SF/Yr
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    Fort Wayne, IN 46819-1127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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