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5050 Value Dr Fort Wayne, IN 46825

For Sale
$595,000

Highly visible land parcel near major retailers and I-69.

Source: Stanley C. Phillips Agent Stanley C. Phillips

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Land Near Costco

This undeveloped land parcel is located in close proximity to Costco and adjacent to Lima Road/US 27, offering high visibility and a location in a high-traffic area. The site benefits from 60 feet of frontage on Lima Road/US 27. Its location provides easy access to Interstate 69. Situated next to a signaled intersection, the property is ideal for retail or a fast-casual restaurant. The location is a major corridor to downtown Fort Wayne. Several local attractions are just minutes away, including Glenbrook, the Fort Wayne Children’s Zoo, Science Central, Sky Zone, Memorial Coliseum, and Parkview/SportONE Field & Icehouse. This area of Lima Road also serves as a car shopping corridor with dealerships such as Kelley Chevrolet, Don Ayres Honda, Fort Wayne Nissan, Infiniti of Fort Wayne, Bob Rohrman Subaru, Vorderman Volkswagen, Glenbrook Dodge, Evans Toyota, and Bob Thomas Ford located within one mile. The area also features nearly 15 hotels. Traffic counts show 70,885 vehicles per day on I-69, 51,084 vehicles per day on Lima Rd. / US 27, and 4,122 vehicles per day on Progress Dr.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

LongHorn Steakhouse Steak House

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
County
Allen
State
Indiana
Longitude
-85.1560273
Latitude
41.1250694

FAQs

What type of property is this?
Commercial land - Highly visible land parcel near major retailers and I-69.
Where is this commercial land located?
The property is located at 5050 Value Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: - High traffic location on Lima Road/US 27 (51,084 vehicles per day) with excellent visibility; - Adjacent to Costco and next door to LongHorn Steakhouse; - Easy access to Interstate 69 (70,885 vehicles per day)
More about this property
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