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    3231 Engle Rd Fort Wayne, IN 46809

    Sponsored
    For Sale
    $400,000
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 3231 Engle Rd

    General Information

    Property type
    Land
    Lot Size
    98,010 SF

    HighLights

    • 2.25‑acre commercial parcel available for sale, build‑to‑suit, or lease.
    • Utilities available, supporting up to 40,000 SF build‑to‑suit projects.
    • I‑69 proximity ensures excellent logistics and accessibility.
    • High visibility location with 16,972 daily vehicle counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.181448420497
    Latitude
    41.045675669429

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    FAQs

    Where is this land located?
    The property is located at 3231 Engle Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 2.25-acre commercial parcel available for sale, build-to-suit, or lease.; Utilities available, supporting up to 40,000 SF build-to-suit projects.; I-69 proximity ensures excellent logistics and accessibility.
    Request Owner's contact information
    3231 Engle Rd Fort Wayne, IN 46809
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    Fort Wayne, IN 46809
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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
    3231 Engle Rd Fort Wayne, IN 46809
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