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    4121 Norarrow Dr Fort Wayne, IN 46845

    For Sale
    $599,900

    Commercial Land - Fort Wayne, IN

    Lot size:
    4.00 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 4121 Norarrow Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    02-02-36-100-004.000-057
    Lot size
    4.00 Acres

    Building Details

    Architectural style
    Other

    Impact Realty LLC (260) 466-9200

    Listing agent John Garcia (260) 466-9200 License #RB18001441

    Listing date Aug 21, 2025

    MLS# 202533403 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This is a 4-acre commercial property located in a high-growth area between Union Chapel and Dupont Roads on Norarrow Drive in Fort Wayne, Indiana. The property is positioned directly across from Parkview Regional Hospital and its medical complex, offering visibility and convenience. It is located moments away from I-69's on and off ramps at both Union Chapel and Dupont Roads, providing access to major thoroughfares. The area is experiencing commercial and medical expansions, making the property a strategic investment. All utilities are readily available, and the site has excellent drainage, facilitating a smooth development process. This property is suitable for commercial or multi-family development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.092112
    Latitude
    41.192609

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    FAQs

    What type of property is this?
    Commercial land - 4 acres near Parkview Regional Hospital, Fort Wayne, Indiana.
    Where is this commercial land located?
    The property is located at 4121 Norarrow Dr Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Prime commercial development opportunity in a high-growth area.; - Located directly across from Parkview Regional Hospital and medical complex.; - Easy access to I-69 via Union Chapel and Dupont Roads.
    (260) 466-9200
    Request Owner's contact information
    4121 Norarrow Dr Fort Wayne, IN 46845
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    Fort Wayne, IN 46845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4121 Norarrow Dr Fort Wayne, IN 46845
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