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    7334 Homestead Rd Fort Wayne, IN 46814

    For Sale
    $2,300,000

    4.6 acres of development land in southwest Fort Wayne.

    Property size:
    4 SF
    Lot size:
    4.60 Acres

    Property Features for 7334 Homestead Rd

    General Information

    Size
    4 SF
    Lot size
    4.60 Acres

    Source: Rachel Romary Agent Rachel Romary

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

    Overview

    Prime Development Land Available

    This 4.6-acre property is available in southwest Fort Wayne. It is located on a hard corner and benefits from high traffic, with approximately 15,762 vehicles passing by daily. The property is situated at the southwest corner of US 24 and Homestead Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Department Store Skin Care Clinic Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.2843718
    Latitude
    41.0160144

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    FAQs

    What type of property is this?
    Land - 4.6 acres of development land in southwest Fort Wayne.
    Where is this land located?
    The property is located at 7334 Homestead Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - 4.6 Acres of prime development land; - Excellent hard corner property; - Located at the southwest corner of US 24 and Homestead Road
    (260) 341-0230
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    7334 Homestead Rd Fort Wayne, IN 46814
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    Fort Wayne, IN 46814
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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
    7334 Homestead Rd Fort Wayne, IN 46814
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