Technical
Financial
Distress signals
Property profile

7301 Maplecrest Rd Fort Wayne, IN 46835

FOR LEASE
Grocery and convenience stores
Property ID
US31-0504023
69,023 SF 12.36 ac lot Built 2003
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 69,023-square-foot retail big box building presents a significant investment opportunity in Northeast Fort Wayne, Indiana. Constructed in 2003, the property sits on a 12.36-acre lot and is zoned SC-3, offering considerable flexibility for various retail uses. The expansive, open layout can be subdivided into units of at least 20,000 square feet, catering to multiple tenants or a single large-scale operation. Its strategic location on Maplecrest Road, with convenient access to I-469, ensures high visibility and accessibility. The property features three truck docks and a delivery door, facilitating efficient loading and unloading for large-scale retail operations. The surrounding area boasts a strong retail presence, with established businesses such as Iron Society Strength & Fitness, Pizza King, and Subway nearby. The Allen County property (APN: 02-08-16-227-024.000-072) is currently vacant, providing a blank canvas for a new retail venture. Sale and lease rates are negotiable. This is a rare opportunity to acquire a substantial retail space in a thriving commercial area.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2003
Construction TYPE NOT SPECIFIED
Total area 69,023 SF
Lot 12.36 ac (538,402 SF)
APN 02-08-16-227-024.000-072
UPID US31-0504023

Cap rate & NOI

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

Location

7301 Maplecrest Rd Fort Wayne, IN 46835
Fort Wayne metro Census 10807 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.04M

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2020
Price N/A
2018
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
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