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Property profile & analytics
OFF-MARKET Estimated value $585,000
Office Spaces

5710 Coventry Ln Fort Wayne, IN 46804-7141

9,312 SF 1.19 ac lot Built 1987
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-0271233
Property summary
AI-generated overview

This exceptional office space in Southwest Fort Wayne offers up to 5,213 contiguous square feet in a Class B building, situated on a 1.19-acre lot. The property, located at 5710 Coventry Ln, Fort Wayne, IN 46804, is part of a larger 9,600 square foot building constructed in 1987. Multiple tenancy options are available, with a minimum divisible space of 2,500 square feet. Currently, 5,213 square feet are vacant and immediately available for lease. The property features standard power and ample paved parking. Its convenient location within the Fort Wayne submarket of Allen County, Indiana, is complemented by its C-1 zoning designation. The property's parcel number is 02-11-23-353-001.000-075. This presents a fantastic opportunity for businesses seeking flexible, well-located office space in a thriving area. The traditional office layout provides a classic and functional workspace. This is an ideal location for companies seeking a blend of accessibility and established infrastructure. The ample parking ensures convenient access for employees and clients alike. Don't miss this chance to secure your ideal office space in this desirable Fort Wayne location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction WOOD
Total area 9,312 SF
Lot 1.19 ac (51,836 SF)
APN 02-11-23-353-001.000-075
UPID US31-0271233
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
  • New Medical Web Marketing & Advertising (Bike/Boat/Book/etc) Store
  • New Dental Web Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$807k
Blend (final) Blend
$585k
Owner & transaction history
Ls Global Investment LLC · 2 yrs held
Ls Global Investment LLC
since 2024
Last sale
$585,000
4 recorded transactions
2024
$543,647
2017
Price N/A
2017
Price N/A
2009
$585,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $885,000 +27.9%
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