4929 New Haven AveFort Wayne, IN 46803

Property Details for 4929 New Haven Ave

Year built

1964

Construction

TYPE NOT SPECIFIED

Lot size

4.02 AC

Property size (Sq ft)

60,463 SF

Property type

Warehouses

APN

02-13-09-153-003.000-041

APU

21309153003000041

Description

This exceptional Fort Wayne industrial property, located at 4929 New Haven Ave, offers 60,463 square feet of versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Situated on a 4.02-acre lot, this Class B building features a two-story design with a substantial 38.6-foot ceiling height. Built in 1964 and renovated in 1980, the property is currently fully vacant and available for immediate occupancy. The building boasts five dock-high doors and ample power (600 amp/3-phase), ensuring efficient operations. The minimum divisible space is 30,000 square feet, with a maximum contiguous space of 60,463 square feet, offering flexibility for various business needs. The property's I-2 zoning provides a wide range of permitted uses. Key features include a 285-foot frontage and convenient access to major transportation routes. Located in the Fort Wayne submarket of Allen County, Indiana (zip code 46803), this property presents a significant opportunity for businesses seeking a large, well-maintained industrial space. The APN is 02-13-09-153-003.000-041. This is a rare opportunity to secure a substantial industrial space in a prime Fort Wayne location.

• CAP approach

  CAP return

  Valuation

  6%

  $23,611,000

  6.5%

  $21,794,800

  7%

  $20,238,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,019,400

  Geo Method

  $1,904,830

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $11,494,800

  Mixed-Use / Specialty

  $11,704,900

  Hospitality / Lodging

  $8,914,320

  Office

  $11,896,800

  Institutional / Educational

  $12,258,100

  Residential Income

  $14,341,900

  Multifamily

  $15,809,300

  Automotive / Energy

  $10,506,900

  Parking / Income-Based Land

  $3,377,790

  Restaurant / Food Service

  $6,623,550

  Healthcare / Senior Housing

  $11,745,700

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.0698

Longitude

-85.0761

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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