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    Property profile & analytics

    7221 Ml Run Rd Fort Wayne, IN 46819-1800

    • Office Properties & Spaces
    • 1,065 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 23, 2023
    Location Intelligence
    Property ID
    US31-0995738
    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

    • Office Properties & Spaces

    Property Details for 7221 Ml Run Rd

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    1,065 SF
    Property type
    Office Properties & Spaces
    APN
    02-12-27-484-007.000-074
    APU
    21227484007000074

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.151
    Latitude
    41.0172
    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
    $1,451
    $14,100
    $39,700
    $53,800
    -
    $14,100
    $39,700
    $53,800

    Comparable in this City

    • Value Estimation by Request
      5,500 SF

      3619 Yoder Rd

      OFFICE (GENERAL) • 5,500 SF
      3619 Yoder Rd, Fort Wayne, IN 46819-9794
      View Details
    • Value Estimation by Request
      104,778 SF

      8100 Amherst Dr

      OFFICE (GENERAL) • 104,778 SF
      8100 Amherst Dr, Fort Wayne, IN 46819-2034
      View Details
    • Value Estimation
      $370,000
      10,287 SF

      2000 Lowr Huntington Rd

      OFFICE (GENERAL) • 10,287 SF
      2000 Lowr Huntington Rd, Fort Wayne, IN 46819-1233
      View Details
    • Value Estimation
      $265,000
      1,987 SF

      7215 Ml Run Rd

      OFFICE (GENERAL) • 1,987 SF
      7215 Ml Run Rd, Fort Wayne, IN 46819-1800
      View Details
    • Value Estimation by Request
      2,880 SF

      405 Lowr Huntington Rd

      OFFICE (GENERAL) • 2,880 SF
      405 Lowr Huntington Rd, Fort Wayne, IN 46819-1522
      View Details
    • Value Estimation by Request
      57,746 SF

      2200 Maplewood Rd

      OFFICE (GENERAL) • 57,746 SF
      2200 Maplewood Rd, Fort Wayne, IN 46819-1647
      View Details

    Similar Nearby for Sale

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      Land For Sale

      Land available for sale in Fort Wayne, Indiana.
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      Fort Wayne Industrial Land for Sale

      I-469 Access, Build-to-Suit Options
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    • $1,626,600

      Commercial Land Near Airport

      Commercial land suitable for hospitality, industrial, or transportation logistics.
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    Similar Nearby for Lease

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      Fort Wayne Industrial Facility For Rent

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    • $25 SF/Yr
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    7221 Ml Run Rd
    Fort Wayne, IN 46819-1800
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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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