Technical
Financial
Distress signals
Property profile

8021 Durban Dr Fort Wayne, IN 46819

OFF-MARKET
Retail space
Property ID
US31-0672169
1,478 SF 3.57 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3.57-acre commercial property at 8021 Durban Drive, Fort Wayne, Indiana, presents a unique investment opportunity. The site encompasses a substantial 155,509 square feet and features two existing structures, previously utilized as a public swimming complex. This versatile property is zoned RP, permitting a range of development options, including duplexes or an apartment complex. Its prime location just off Airport Expressway offers excellent visibility and accessibility. The property's history as a community gathering place offers potential for restoration to its original use or repurposing for a new function. The asking price is $119,900, making this a compelling proposition for investors seeking a large-scale project with significant redevelopment potential in a desirable Fort Wayne location. The Allen County address, 46819 zip code, and coordinates (41.011043, -85.1590652) provide precise location details. The property's size and zoning flexibility offer a wide array of development possibilities, catering to diverse investment strategies. This is a rare chance to acquire a substantial parcel of land with existing infrastructure in a rapidly growing area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction WOOD
Total area 1,478 SF
Lot 3.57 ac (155,509 SF)
APN 02-12-34-253-016.000-074
UPID US31-0672169

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
  • Park

Location

8021 Durban Dr Fort Wayne, IN 46819-2007
Fort Wayne metro Census 3901 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2024
Price N/A
2023
Price N/A
2023
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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