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    Majic Port Ln Fort Wayne, IN 46809

    Sponsored
    For Sale
    $935,000

    6.6-acre industrial land, shovel-ready lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.599-acre commercial and industrial land parcel in Fort Wayne, Indiana, presents a unique investment opportunity. Located on Majic Port Lane, this property offers significant potential for development. The land is conveniently situated near the Fort Wayne International Airport, providing easy access to transportation networks. A key advantage is the property's "shovel-ready" status, meaning it's equipped with essential utilities including gas, electric, water, sewer, and internet hookups, significantly reducing development time and costs. The property is zoned for industrial use and boasts Bluffton Road frontage for each of the six individual lots, enhancing visibility and accessibility. This flexible offering allows for the purchase of the entire 6.599 acres or individual lots, catering to diverse development needs and investment strategies. The property's location, infrastructure, and zoning make it an ideal site for various industrial or commercial ventures. The asking price for the entire parcel is $935,000. Detailed lot sizes and pricing for individual lots are available upon request. This is a prime opportunity to acquire strategically located land in a thriving area.

    Property Features for 0 Majic Port Ln

    General Information

    Property type
    Land
    Lot Size
    287,452 SF

    HighLights

    • $935,000 asking price.
    • 6.599‑acre land parcel.
    • Industrially zoned.
    • Divisible into six separate lots.
    • Shovel‑ready with utilities (gas, electric, water, sewer, internet).
    • Bluffton Road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1669948
    Latitude
    40.9881319

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    FAQs

    What type of property is this?
    Land - 6.6-acre industrial land, shovel-ready lots.
    Where is this land located?
    The property is located at Majic Port Ln Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $935,000.
    What are key features of this property?
    This property features: $935,000 asking price.; 6.599-acre land parcel.; Industrially zoned.
    Request Owner's contact information
    Majic Port Ln 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
    Majic Port Ln Fort Wayne, IN 46809
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