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Property profile & analytics
OFF-MARKET Estimated value $2,235,000
Strip malls

6382 Jefferson Blvd Fort Wayne, IN 46804-3075

143,297 SF 18.88 ac lot Built 1978
Entity Owned Free & Clear
Property ID
US31-0873818
Property summary
AI-generated overview

Covington Plaza presents a unique opportunity for businesses seeking high-visibility retail space. This 182,866 square foot neighborhood center is strategically located in a major retail corridor, adjacent to affluent residential communities. The center boasts a robust tenant mix, featuring established businesses like The Fresh Market, Office Depot, and Planet Fitness, ensuring consistent foot traffic and brand synergy. Five spaces are currently available, ranging from 1,010 to 6,998 square feet, offering flexibility for various business needs. The minimum divisible space is 1,010 square feet, while the maximum contiguous space available is 1,848 square feet. A total of 3,926 square feet is currently vacant. The property benefits from excellent access via West Jefferson Boulevard, experiencing high daytime and nighttime traffic counts. Its proximity to major highways and significant employment centers further enhances its appeal. This thriving retail environment, anchored by well-known national brands and complemented by a selection of local boutiques and restaurants, provides an ideal location for businesses seeking strong visibility and a robust customer base. The property's location ensures exposure to a diverse demographic, benefiting from both high residential density and significant commuter traffic. This is an exceptional opportunity to establish or expand your business in a dynamic and successful retail center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 143,297 SF
Lot 18.88 ac (822,413 SF)
APN 02-12-18-101-003.000-074
UPID US31-0873818
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
  • Fusion Yoga Gym & Fitness Center
  • Full Circle Wellness Wellness Program
  • Covington Plaza Shopping Center & Mall
  • 3 Guys Handyman Hardware & Home Improvement General Contractor
  • Phalanx Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.24M
Owner & transaction history
Zrpcovington Plaza LLC
Zrpcovington Plaza LLC
since 2025
4 recorded transactions
2025
Price N/A
2015
Price N/A
2008
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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