2118 Inwood DrFort Wayne, IN 46815

Property Details for 2118 Inwood Dr

Year built

1971

Construction

WOOD

Lot size

0.65 AC

Property size (Sq ft)

10,800 SF

Property type

Office properties

APN

02-08-32-405-006.000-072

APU

20832405006000072

Description

This single-story, Class C office space at 2118 Inwood Drive in Fort Wayne, Indiana, offers 298 square feet of versatile workspace. Built in 1975, the building is zoned CM2 and features a traditional office layout suitable for various business needs. The property is ideal for a small business or individual professional seeking a functional and affordable office solution. The space is currently available for lease as a single unit within a multi-tenant building. Its location in Fort Wayne, Indiana, zip code 46815, provides convenient access to local amenities and transportation networks. The property's classification as both a traditional and executive office space suggests a professional and well-maintained environment. The "Creative Office" subtype hints at potential for adaptable layouts to suit diverse business styles. This is a great opportunity for a business seeking a cost-effective and well-located office space in a thriving Indiana community. The single-story design offers easy accessibility and navigation. Further details regarding lease terms and conditions are available upon request. Inquire today to learn more about this excellent opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,302,110

  6.5%

  $2,125,030

  7%

  $1,973,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $337,049

  Geo Method

  $212,652

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,893,020

  Retail / Commercial

  $2,053,220

  Mixed-Use / Specialty

  $2,090,740

  Hospitality / Lodging

  $1,592,290

  Institutional / Educational

  $2,189,560

  Residential Income

  $2,561,780

  Multifamily

  $2,823,880

  Automotive / Energy

  $1,876,760

  Parking / Income-Based Land

  $603,347

  Restaurant / Food Service

  $1,183,110

  Healthcare / Senior Housing

  $2,098,040

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.0962

Longitude

-85.0868

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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