8645 Backwater Rd North Webster, IN 46555-9537
This single-story, 9,555 square foot flex building in North Webster, Indiana, offers a unique opportunity for immediate occupancy. Located in the Fort Wayne MSA, this 2000-built property features 14-foot ceilings, 50 parking spaces, and is situated on 1.29 acres of land. The building includes six offices, two conference rooms, a lounge, two bathrooms, multiple storage areas, a breakroom, and a receiving area. Recent upgrades include four new HVAC units (2023) and a new private well (2023). Additional features include a security system, fire extinguishers, and building signage availability. Zoned for light manufacturing, this property is ideal for a variety of commercial and industrial uses. Its convenient location offers easy access to major roadways, including Routes 6 and 30, and is within proximity to Lake Webster and The Backwaters. The property benefits from its location near established businesses and a strong local economy, with an affluent population and a thriving agribusiness and medical device sector. The building is currently vacant, presenting an excellent opportunity for owner-users or investors seeking premier flex space in a vibrant community. The property's light manufacturing zoning allows for diverse business applications. The building's robust infrastructure, including the recently updated HVAC and well systems, ensures efficient and reliable operation. The ample parking and convenient location further enhance its appeal to potential occupants. This property represents a compelling investment opportunity in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
COMME · North Webster, INCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.