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    2402 Maplecrest Rd Fort Wayne, IN 46803

    Sponsored
    For Sale
    $1,310,000

    Prime Commercial Land, Multifamily Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 35.88-acre commercial land parcel in Fort Wayne, Indiana, is available for $1,310,000 ($36,510/acre). This property, located at 2402 S Maplecrest Rd, boasts a highly desirable R3/Multiple Family Residential zoning designation, offering significant development potential. The expansive lot, measuring approximately 870 feet by 1,965 feet, provides excellent visibility and accessibility due to its prime frontage on SR 930 and Maplecrest Road. High traffic counts are a key advantage, with US 930 seeing 27,000 vehicles per day and Maplecrest Road recording 7,900 vehicles per day. The strategic location near existing retail and industrial users further enhances its appeal. The Allen County property (APN: 02-13-09-426-006.000-041) and its 46803 zip code position it within a thriving commercial corridor. This presents a compelling investment opportunity for developers seeking a substantial land holding with strong potential for multifamily residential or other commercial ventures. The property's size and location make it an ideal candidate for a variety of development projects.

    Property Features for 2402 Maplecrest Rd

    General Information

    Property type
    Land
    Lot Size
    1,562,933 SF

    HighLights

    • High‑visibility frontage on SR 930 and Maplecrest Rd.
    • Excellent location near established retail and industrial businesses.
    • Large 1.7 million square foot parcel (approx. 870' x 1,965').
    • High traffic counts: 27,000 VPD on US 930 and 7,900 VPD on Maplecrest Rd.
    • Offered at $1,310,000 ($36,510 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.060442
    Latitude
    41.066355

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Multifamily Zoning
    Where is this land located?
    The property is located at 2402 Maplecrest Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,310,000.
    What are key features of this property?
    This property features: High-visibility frontage on SR 930 and Maplecrest Rd.; Excellent location near established retail and industrial businesses.; Large 1.7 million square foot parcel (approx. 870' x 1,965').
    (260) 422-8474
    Request Owner's contact information
    2402 Maplecrest Rd Fort Wayne, IN 46803
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    Fort Wayne, IN 46803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2402 Maplecrest Rd Fort Wayne, IN 46803
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