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    Property profile & analytics

    5917 Lima Rd Fort Wayne, IN 46818-1433

    • Grocery and convenience stores
    • 3,181 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US31-1004867
    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

    • Lassus Handy Dandy / Convenience Store / Atm
    • Elmo's Pizza & Subs / Takeout Restaurant / Sandwich Shop

    Property Details for 5917 Lima Rd

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.96 lot acres
    Property size
    3,181 SF
    Property type
    Grocery and convenience stores
    APN
    02-07-15-452-013.000-073
    APU
    20715452013000073

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $560,000
      7%
      $565,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $445,000
      Mixed-Use
      $465,000
      Hospitality
      $490,000
      Educational
      $585,000
      Residential Income
      $465,000
      Energy
      $530,000
      Income-Based Land
      $495,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1612
    Latitude
    41.1327
    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
    $19,217
    $629,100
    $99,600
    $728,700
    -
    $629,100
    $99,600
    $728,700

    Comparable in this City

    • Value Estimation by Request
      8.23 Acres

      6610 Lima Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 8.23 Acres
      6610 Lima Rd, Fort Wayne, IN 46818-1120
      View Details
    • Value Estimation
      $460,000
      3,440 SF

      4149 Washington Ctr Rd

      CONVENIENCE STORE • 3,440 SF
      4149 Washington Ctr Rd, Fort Wayne, IN 46818-1530
      View Details
    • Value Estimation by Request
      2,520 SF

      12012 Lima Rd

      CONVENIENCE STORE • 2,520 SF
      12012 Lima Rd, Fort Wayne, IN 46818-8643
      View Details
    • Value Estimation
      $350,000
      572 SF

      10135 Lima Rd

      CONVENIENCE STORE • 572 SF
      10135 Lima Rd, Fort Wayne, IN 46818-8657
      View Details
    • Value Estimation
      $380,000
      2,196 SF

      6520 Lima Rd

      CONVENIENCE STORE • 2,196 SF
      6520 Lima Rd, Fort Wayne, IN 46818-1422
      View Details
    • Value Estimation by Request
      5,800 SF

      10040 Lima Rd

      CONVENIENCE STORE • 5,800 SF
      10040 Lima Rd, Fort Wayne, IN 46818-8901
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      56,843 SF

      Established Retail Center on Lima

      Well-maintained retail center with high visibility and ample parking.
      9105-9187 Lima Rd, Fort Wayne, IN 46818
      View Details
    • $2,963,822
      11.43 Acres

      Prime Fort Wayne Retail Site

      High-traffic corner lot, development ready.
      13500 Lima Rd, Fort Wayne, IN 46818
      View Details
    • $1,500,000
      3,948 SF

      High-Profile Corner Retail Opportunity

      Retail property on high-traffic corner near hospitals and restaurants.
      2929 E Dupont Rd, Fort Wayne, IN 46818
      View Details
    • $983,000
      3.59 Acres

      Restaurant Opportunity Beside Cosmo's

      Located in Walmart shopping center near other restaurants.
      9931 Lima Rd, Fort Wayne, IN 46818
      View Details
    • $575,000
      0.80 Acres

      Lima Road Commercial Land Opportunity

      High-visibility 0.8-acre lot, ideal for owner-users.
      9000 Blk Lima Rd, Fort Wayne, IN 46818
      View Details
    • $760,000
      2,228 SF

      Established Auto Shop on Lima Rd

      Fort Wayne Auto Repair Business - High Traffic!
      7709 Lima Rd, Fort Wayne, IN 46818
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      1,666 SF

      Retail Space on Dupont Road

      Retail space for lease with high visibility and traffic.
      2868-2898 East Dupont Rd, Fort Wayne, IN 46818
      View Details
    • $9 SF/Yr
      1,500 SF

      Lima Road Retail/Office Space

      Retail or office space available on Lima Road.
      9121 Lima Rd, Fort Wayne, IN 46818
      View Details
    • $15 SF/Yr
      4,273 SF

      Retail Space Near I-69

      4,273 SF end cap retail space for lease.
      2910-2936 E Dupont Rd, Fort Wayne, IN 46818
      View Details
    • $15 SF/Yr
      1,680 SF

      Retail Space in Cross Creek

      Retail space available in a professionally managed Fort Wayne location.
      5820-5836 Challenger Pkwy, Fort Wayne, IN 46818
      View Details
    • Contact for pricing
      1,489 SF

      Meijer In-Store Retail Space

      Fort Wayne Retail Space Available
      6309 Lima Rd, Fort Wayne, IN 46818
      View Details
    • $15 SF/Yr
      18,440 SF

      High-Traffic Retail Center Investment

      Nine Suites, 1.73 Acres, Excellent Visibility
      5820 Challenger Pkwy, Fort Wayne, IN 46818
      View Details
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    5917 Lima Rd
    Fort Wayne, IN 46818-1433
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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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