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Illinois Road Development Opportunity
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7621 Illinois Rd, Fort Wayne, IN 46804

Commercial land available for development with high traffic counts.

Property SizeContact for details
Lot Size12.40 Acres
Days on Market2372

Property Features for 7621 Illinois Rd

General Information

Standard status Active
Lot size 12.40 Acres
Property subtype Land
Listing Agency: Sturges Property Group
Listed By: Neal Bowman · License #IN RB14026402
Source: Crexi
Added: Mar 11, 2020 Changed: Aug 23 Last Checked: Sep 6 at 8:17PM

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 Sturges Property Group

Investment Insights

Based on property information with market context.

This property presents a new development opportunity with approximately 270 feet of frontage on Illinois Road. The site benefits from high traffic counts, exceeding 26,000 vehicles per day, and favorable demographics. Located less than a half-mile west of I-69, the property comprises 12.4 acres. While the full acreage is offered, the owner is willing to subdivide the parcel according to a buyer's specific requirements. All zoning is in place to facilitate subdivision.

Key Highlights

  • High‑traffic location with over 26,000 vehicles per day (VPD) on Illinois Road.
  • Development opportunity with approximately 270' frontage on Illinois Road.**
  • Located less than a half‑mile west of I‑69.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Auto Repair Shop Pharmacy

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

429
Businesses Nearby

Demographics for 46804, IN

28,800
Population
12,959
Households
2.2
Avg Household Size
40
Median Age
44%
College-Educated
96%
High-School Grad
17.7 sq mi
ZIP Area
1,627
Density / Sq Mi
$84,778
Median Household Income
$49,050
Median Earnings
$1,134
Median Rent
$241,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land available for development with high traffic counts.
Where is this commercial land located?
The property is located at 7621 Illinois Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $2,488,624.
What are key features of this property?
This property features: High‑traffic location with over 26,000 vehicles per day (VPD) on Illinois Road.; Development opportunity with approximately 270' frontage on Illinois Road.**; Located less than a half‑mile west of I‑69.
(260) 424-8448 Call to check price and availability
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