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Commercial Land with Parking
New
For Sale
$275,000

1508 N Hill Drive, Fort Wayne, IN 46825

COMMERCIAL, Fort Wayne, IN

Property SizeContact for details
Lot Size0.97 Acres
Days on Market2

Property Features for 1508 N Hill Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions Take I-69 to exit 316 and go west on Dupont Road to Lima Road and turn left on Lima Road.
Subdivision Allen County
Standard status Active
APN 02-07-03-201-008.000-073
Lot size 0.97 Acres

Taxes and HOA fees

Tax Year 2016
Tax Description FRL S 214.13 OF N 769.9 OF E 180 OF W 847.4 FT NE 1/4 SEC 3 &FRL S 16 X 171.16 FT ADJ ON S | |
Tax Annual Amount 1127
Legal Description FRL S 214.13 OF N 769.9 OF E 180 OF W 847.4 FT NE 1/4 SEC 3 &FRL S 16 X 171.16 FT ADJ ON S | |

Building Details

Year built 1961
Flooring type Carpet
Roof type Asphalt
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Dennis Worman · License #RB14042779
Added: Sep 18 Last Checked: Sep 19 at 7:06PM
MLS# 202638713

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 0.97-acre commercial land parcel is identified for potential restaurant or retail use and includes off-street parking. The property is located at 1508 N Hill Drive in Fort Wayne, Indiana, within Allen County and ZIP Code 46825-2104.

Key Highlights

  • 0.97‑acre commercial land parcel
  • Off‑street parking
  • Potential restaurant or retail use

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Nail Salon Electrical Service Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 46825, IN

29,062
Population
13,597
Households
2.1
Avg Household Size
38
Median Age
34%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
1,863
Density / Sq Mi
$68,890
Median Household Income
$44,788
Median Earnings
$1,044
Median Rent
$202,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel with off-street parking and stated potential for restaurant or retail use.
Where is this commercial land located?
The property is located at 1508 N Hill Drive Fort Wayne, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 0.97‑acre commercial land parcel; Off‑street parking; Potential restaurant or retail use
More about this property
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