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Commercial Development Land Parcel
For Sale
$599,900

4121 Norarrow Drive, Fort Wayne, IN 46845

LAND - Fort Wayne, IN

Property SizeContact for details
Lot Size4.00 Acres
Days on Market372

Property Features for 4121 Norarrow Drive

General Information

Property type Land
Property subtype Other
Parking features Off Street
Lot features Level, 3-5.9999, Suburb
Elementary school Perry Hill
Middle school Maple Creek
High school Carroll
Elementary school district Northwest Allen County
Middle school district Northwest Allen County
High school district Northwest Allen County
Directions From I-69 at Dupont Rd travel east on Dupont Rd. Turn left on Diebold Rd. Follow Diebold to Norarrow Dr on your right. Turn right onto Norarrow Dr. The properties are ahead on your left.
Subdivision Allen County
Standard status Active
APN 02-02-36-100-004.000-057
Lot size 4.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description E309.12 Of W888 Of N563.65Ft Nw1/4 Sec 36
Tax Annual Amount 292
Legal Description E309.12 Of W888 Of N563.65Ft Nw1/4 Sec 36
Listing Agency: Impact Realty LLC
Listed By: Lori Quakenbush · License #RB18001441
Added: Aug 20, 2025 Changed: Jul 6 Last Checked: Aug 26 at 6:06AM
MLS# 202533403

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 4-acre commercial development land parcel is positioned for new construction with utilities available and excellent drainage noted on-site. The property is offered as land for buyers seeking to plan and build to their specifications, with site readiness highlighted for a smoother development process.

The location is described as directly across from Parkview Regional Hospital and its medical complex. It is also referenced as being near Union Chapel Road and Dupont Road, with easy access to I-69 on and off ramps at both Union Chapel and Dupont.

For prospective tenants, builders, and developers, the parcel’s proximity to a major healthcare anchor supports a practical mix of development approaches within a growing medical and commercial corridor. The combination of utilities availability, on-site drainage, and convenient interstate access may appeal to users planning retail, service, or other commercial development where accessibility and visibility are priorities. This offering is marketed as a development opportunity in the Fort Wayne, IN area and is presented for sale as raw land ready for concept-to-construction planning.

Key Highlights

  • 4‑acre commercial development site near Parkview Regional Hospital
  • Located on Norarrow Drive, directly across from Parkview Regional Hospital’s medical complex
  • Between Union Chapel Rd and Dupont Rd, with proximity to I‑69 on/off ramps at both roads

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Real Estate Agency Big Box & Wholesale Store Hair Salon

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

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,822
Businesses Nearby

Demographics for 46845, IN

28,380
Population
10,709
Households
2.7
Avg Household Size
39
Median Age
53%
College-Educated
98%
High-School Grad
22.9 sq mi
ZIP Area
1,239
Density / Sq Mi
$115,690
Median Household Income
$59,690
Median Earnings
$1,398
Median Rent
$314,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 4-acre commercial development parcel across from Parkview Regional Hospital with utilities available and noted on-site drainage.
Where is this commercial land located?
The property is located at 4121 Norarrow Drive Fort Wayne, IN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 4‑acre commercial development site near Parkview Regional Hospital; Located on Norarrow Drive, directly across from Parkview Regional Hospital’s medical complex; Between Union Chapel Rd and Dupont Rd, with proximity to I‑69 on/off ramps at both roads
More about this property
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