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Financial
Distress signals
Property profile

5909 Illinois Rd Fort Wayne, IN 46804

OFF-MARKET
Outlet malls
Property ID
US31-0207245
218,656 SF 42.69 ac lot Built 1993
Last sale Nov 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Retail store-within-a-store units are available within Meijer locations across the Midwest, positioned in areas intended to provide customer visibility and direct customer access typical of front-of-store placements. The units are configured to support tenants that benefit from in-line retail operations, including businesses such as financial institutions, food and beverage concepts, service providers, health and wellness uses, insurance, and real estate companies. Exterior and interior signage…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$272k
Tax billed · 2023
Assessed value$10.07M
Assessed land$3.87M
Assessed improvement$6.20M
Effective rate2.71%

Value estimate

· Oct 2026
$5.72M
$5.14M – $6.29M
Submarket $/SF estimate$5.63M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$95/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$33 – $168

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.2
HVAC Service12.7
Plumbing Service10.2

Location

5909 Illinois Rd Fort Wayne, IN 46804-1159
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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