Property profile

7230 Engle Rd Fort Wayne, IN 46804

OFF-MARKET
Parking lots & garages
Property ID
US31-1154905
3.23 ac lot Built 1990
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This three-story, 54,535-square-foot Class B office building at 7230 Engle Road in Fort Wayne, Indiana, offers flexible space ideal for businesses of all sizes. Located in Allen County, zip code 46804, the property boasts 7,895 square feet of immediately available space, with suites ranging from 684 to 1,202 contiguous square feet. The building features nine total suites, ample parking (260 spaces), and two elevators. Renovated in 2019, the property offers a modern aesthetic and updated suites in a convenient location, minutes from Lutheran Hospital and I-69 (Exit #302). The 3.74-acre lot is zoned C1/General Commercial, providing excellent visibility and high traffic counts. This is a multi-tenant building with a variety of options for businesses seeking a well-maintained, strategically positioned office space in a serene office park setting. The property's amenities include executive office and coworking spaces, catering to diverse business needs. Built in 1990, this property offers a blend of established infrastructure and modern updates.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1990
Lot 3.23 ac (140,525 SF)
APN 02-11-24-127-002.000-075
UPID US31-1154905

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • State Government Office Accounting
  • Medical Clinic
  • Dental Office
  • Dental Office
  • Medical Clinic

Location

7230 Engle Rd Fort Wayne, IN 46804-2209
Fort Wayne metro Census 11605 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7230 Engle Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message