Technical
Financial
Distress signals
Property profile

7709 Lima Rd Fort Wayne, IN 46818

FOR SALE
Auto shops
Property ID
US31-3407986
2,258 SF 0.3 ac lot Built 1940
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property consists of an automotive repair shop site with approximately 0.9 acres and about 320 feet of frontage on a heavily traveled roadway in Allen County. The facility is configured for vehicle service and includes automotive repair equipment such as auto lifts and tools, which support day-to-day shop operations. The seller’s operational history indicates the shop has been operated by the current owner for about 25 years, with the business historically running at full or near full capacity. Building improvements include a roof that was installed approximately six years prior to the listing. Environmental history indicates that underground tanks were removed after 1990 and that documentation is available. The business history and MS/2 Transportation Data Management System (TDMS) results cited from 8/2023 reflect an average of over 42,000 vehicles driven per day at the location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Construction WOOD
Total area 2,258 SF
Lot 0.3 ac (13,068 SF)
APN 02-07-10-377-007.000-073
UPID US31-3407986

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
  • Auto Repair Shop

Location

7709 Lima Rd Fort Wayne, IN 46818
Fort Wayne metro Census 10603 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

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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More about this property
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