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    4230 Lake Ave Fort Wayne, IN 46815

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    For Sale
    Contact for pricing

    Hard corner lot with high visibility and traffic counts.

    Property size:
    3 SF
    Lot size:
    3.00 Acres

    Property Features for 4230 Lake Ave

    General Information

    Size
    3 SF
    Lot size
    3.00 Acres

    Building Details

    Year built
    1990

    Source: Rachel Romary Agent Rachel Romary

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

    Overview

    Corner Land Parcel For Sale

    This commercial land parcel, ranging from 1.5 to 3 acres, is available for sale, ground lease, or build-to-suit options. The property is located on the corner of Coliseum Boulevard and Lake Avenue, offering excellent visibility, easy access, and high traffic counts. The location benefits from strong demographics and combined traffic counts exceeding 40,000 vehicles per day. Zoned C-3, the site offers drive-thru possibilities and ample parking. The property provides convenient access to downtown Fort Wayne, the Glenbrook Mall retail area, and New Haven. This site is located along the busy Coliseum Boulevard retail corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JT Paintball Paintball Center Empire Paintball Store Tippmann Sports LLC Paintball Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.0856805
    Latitude
    41.0903598

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    FAQs

    What type of property is this?
    Land - Hard corner lot with high visibility and traffic counts.
    Where is this land located?
    The property is located at 4230 Lake Ave Fort Wayne, IN.
    What are key features of this property?
    This property features: - Excellent visibility on the busy Coliseum Boulevard retail corridor; - High traffic counts of over 40,000 vehicles per day; - Ample parking available
    (260) 341-0230
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    4230 Lake Ave Fort Wayne, IN 46815
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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
    4230 Lake Ave Fort Wayne, IN 46815
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