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Commercial Land Near Medical Complex
For Sale
$749,000

4321 Norarrow Drive, Fort Wayne, IN 46845

LOTS AND LAND, Fort Wayne, IN

Property SizeContact for details
Lot Size3.71 Acres
Days on Market408

Property Features for 4321 Norarrow Drive

General Information

Property type Land
Property subtype Other
Parking features Off Street
Lot features Level, Partially Wooded, 3-5.9999, Suburb, Garage, House
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 02-02-36-100-005.000-057
Lot size 3.71 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description E 336.8 Of W 1224.82 Ft N Of Norarrow Dr Nw1/4 Sec 36
Tax Annual Amount 2812
Legal Description E 336.8 Of W 1224.82 Ft N Of Norarrow Dr Nw1/4 Sec 36
Listing Agency: Impact Realty LLC
Listed By: Lori Quakenbush · License #RB24001288
Added: Aug 20, 2025 Changed: Aug 30 Last Checked: Oct 1 at 11:06PM
MLS# 202533404

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 commercial land offering includes a 3.71-acre parcel on Norarrow Drive, with the option to combine it with 4121 Norarrow Dr. and 4321 Norarrow Dr. for a total assemblage of 7.71 acres. The property is suited to commercial or multi-family development, with utilities available and drainage conditions described as favorable.

The site is directly across from Parkview Regional Hospital and its medical complex, placing it within an established medical and commercial setting. I-69 access is available from nearby interchanges at Union Chapel Road and Dupont Road. Off-street parking is also identified among the property features.

Key Highlights

  • 3.71‑acre commercial land parcel on Norarrow Drive
  • Can be combined with 4121 Norarrow Dr. and 4321 Norarrow Dr. for a total of 7.71 acres
  • Directly across from Parkview Regional Hospital and its medical complex

Property Analytics

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Current Use

Commercial land

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial development site with utilities available and convenient access to nearby I-69 ramps.
Where is this commercial land located?
The property is located at 4321 Norarrow Drive Fort Wayne, IN.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3.71‑acre commercial land parcel on Norarrow Drive; Can be combined with 4121 Norarrow Dr. and 4321 Norarrow Dr. for a total of 7.71 acres; Directly across from Parkview Regional Hospital and its medical complex
More about this property
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