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Fort Wayne Land/Multifamily Opportunity
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2402 S Maplecrest Rd., Fort Wayne, IN 46803

Expansive R3 zoned property with high traffic frontage.

Property SizeContact for details
Lot Size3.49 Acres
Days on Market1409

Property Features for 2402 S Maplecrest Rd.

General Information

Standard status Active
Lot size 3.49 Acres
Property subtype Land, Multifamily
Zoning R3/Multiple Family Residential
Listing Agency: The Zacher Company
Listed By: Steven Zacher · License #IN RB14014906
Source: Crexi
Added: Oct 1, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Zacher Company

Investment Insights

Based on property information with market context.

Located at 2402 S. Maple crest Rd. in Fort Wayne, IN, this property offers an exceptional opportunity for land or multifamily development. Zoned R3/Multiple Family Residential, the expansive site features prime frontage on SR 930 and Maple crest Rd., ensuring excellent accessibility. High traffic counts of 27,000 vehicles per day on US 930 and 7,900 vehicles per day on Maple crest Rd. enhance its visibility and appeal. The property is strategically located near retail and industrial users. The Southeast market in Fort Wayne offers an appealing opportunity for land and multifamily investors due to its convenient access to shopping centers, restaurants, and recreational facilities. The attractive and well-connected neighborhoods of Southwick and Maplewood Park create a desirable residential environment, making it an ideal setting for multifamily developments. The Southeast market benefits from its proximity to major transportation routes, providing easy access to downtown Fort Wayne and various employment centers. With its blend of commercial and residential amenities, combined with accessibility and desirability, the Southeast market presents an ideal opportunity for land and multifamily investors seeking a dynamic and well-connected location for their ventures.

Key Highlights

  • Zoned R3/Multiple Family Residential, ideal for multifamily development.
  • Prime frontage on SR 930 and Maple crest Rd. with high traffic counts.
  • Excellent location in the Southeast market of Fort Wayne, IN, near retail and industrial areas.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store HVAC Service Electrical Service

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

10
Businesses Nearby

Demographics for 46803, IN

9,686
Population
4,634
Households
2.1
Avg Household Size
30
Median Age
9%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
1,291
Density / Sq Mi
$31,797
Median Household Income
$25,248
Median Earnings
$878
Median Rent
$78,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Land - Expansive R3 zoned property with high traffic frontage.
Where is this land located?
The property is located at 2402 S Maplecrest Rd. Fort Wayne, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Zoned R3/Multiple Family Residential, ideal for multifamily development.; Prime frontage on SR 930 and Maple crest Rd. with high traffic counts.; Excellent location in the Southeast market of Fort Wayne, IN, near retail and industrial areas.
(260) 422-8474 Call to check price and availability
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