Technical
Financial
Distress signals
Property profile

6200 Covington Rd Fort Wayne, IN 46804

OFF-MARKET
Turn key restaurants
Property ID
US31-0479388
7,768 SF 4.27 ac lot Built 1969
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction TYPE NOT SPECIFIED
Total area 7,768 SF
Lot 4.27 ac (186,001 SF)
APN 02-12-18-127-002.000-074
UPID US31-0479388

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6200 Covington Rd Fort Wayne, IN 46804
Fort Wayne metro Census 11501 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$611k
Blend (final) Blend
$525k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $710,000 +1.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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