11024 Bluffton RdFort Wayne, IN 46809

Property Details for 11024 Bluffton Rd

Year built

1991

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

2,880 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

02-17-09-200-010.000-060

APU

21709200010000060

Description

This exceptional industrial property, located at 11024 Bluffton Rd, Fort Wayne, IN 46809, presents a unique opportunity. The warehouse boasts 2,880 square feet of space, ideal for various industrial or storage applications. Situated on a generous 5-acre lot, the property offers ample room for expansion or outdoor operations. Built in 1950, the structure is zoned I2, General Industrial, allowing for a wide range of permitted uses. The APN is 02-17-09-200-010.000-060. This single-tenancy building provides a private and secure environment for your business. Its secluded location offers easy access to major transportation routes, enhancing logistical efficiency. The proximity to Fort Wayne International Airport ensures convenient connectivity for businesses with regional or national operations. Furthermore, the property's convenient location near retail and dining establishments provides added convenience for employees and visitors. This combination of space, location, and zoning makes this an attractive investment opportunity for businesses seeking a functional and strategically located industrial space. The monthly rent is $3450.

• CAP approach

  CAP return

  Valuation

  6%

  $796,260

  6.5%

  $735,009

  7%

  $682,508

• Comparable approach

  Method

  Valuation

  Relative Method

  $394,066

  Geo Method

  $142,902

• Alternative Use

  Use

  Valuation

  Residential

  $620,008

  Hospitality

  $567,924

  Educational

  $472,506

  Medical

  $488,756

  Retail

  $735,009

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

40.9828

Longitude

-85.1688

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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