2401 CovingtonFort Wayne, IN 46802

  • Industrial properties
  • 5,235 SF
Off market
$28,152,920 Estimated

Property Details for 2401 Covington

Year built
1969
Construction
TYPE NOT SPECIFIED
Lot size
2.81 AC
Property size (Sq ft)
5,235 SF
Property type
Industrial properties
APN
02-12-16-229-003.000-074
APU
21216229003000074

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,044,290
    6.5%
    $1,887,030
    7%
    $1,752,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $358,269
    Geo Method
    $164,923
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $995,243
    Mixed-Use / Specialty
    $1,013,430
    Hospitality / Lodging
    $771,819
    Office
    $1,030,050
    Institutional / Educational
    $1,061,330
    Residential Income
    $1,241,750
    Multifamily
    $1,368,800
    Automotive / Energy
    $909,708
    Parking / Income-Based Land
    $292,455
    Restaurant / Food Service
    $573,479
    Healthcare / Senior Housing
    $1,016,960

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0595
Longitude
-85.1718
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,797
$42,200
$135,700
$177,900
-
$42,200
$135,700
$177,900

FAQs

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