1614 Dupont Rd Fort Wayne, IN 46825-1055
This 1.4-acre commercial land parcel is situated at the northeast corner of Dupont and Lima Roads in Fort Wayne, Indiana, at a high-traffic intersection. The property is zoned C2 & AR, making it suitable for a variety of commercial uses. This prime location boasts exceptional visibility and accessibility, with Dupont Road seeing 21,100 vehicles per day and Lima Road experiencing 16,400 vehicles daily. The property is located in Allen County, within the rapidly expanding Perry Township, an area experiencing significant residential growth with new home developments nearby. This presents a unique opportunity for businesses seeking high visibility and access to a growing consumer base. The asking price for this exceptional 1.4-acre parcel is $1,500,000. Additional land may be available. The property's address is 1614 W Dupont Rd, Fort Wayne, IN 46825. This is an excellent investment opportunity in a thriving commercial area. The property's location offers significant potential for high returns due to its strategic placement within a rapidly growing township and its high daily traffic counts. This makes it an ideal location for businesses seeking maximum exposure and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.