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    1921 Calhoun St Fort Wayne, IN 46802

    Sponsored
    For Sale
    $119,000

    Prime Fort Wayne Parking Lot Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.17-acre commercial land parcel, located at 1921 Calhoun St, Fort Wayne, IN 46802 (APN 02-12-11-284-004.000-074), is currently owner-occupied and offered for sale. Zoned C-3 (General Commercial), this property presents a unique investment opportunity in a high-traffic area. Situated along the bustling Calhoun Street commercial corridor, it's surrounded by popular restaurants, offices, and shops, creating a high demand for parking. The lack of readily available street and surface parking in the immediate vicinity makes this lot exceptionally valuable. Its central location and high visibility offer significant potential for a profitable parking lot business. This is a rare chance to acquire a prime piece of commercial real estate in the heart of Fort Wayne, Indiana. The asking price is $119,000. Serious inquiries only.

    Property Features for 1921 Calhoun St

    General Information

    Property type
    Land
    Lot Size
    7,405 SF

    HighLights

    • Rare commercial land opportunity in downtown Fort Wayne's Calhoun Street corridor.
    • Centrally located near restaurants, offices, and shops.
    • High demand for parking due to limited street and surface lot availability; ideal for parking lot development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.138122824672
    Latitude
    41.067968026541

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    FAQs

    What type of property is this?
    Land - Prime Fort Wayne Parking Lot Opportunity
    Where is this land located?
    The property is located at 1921 Calhoun St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: Rare commercial land opportunity in downtown Fort Wayne's Calhoun Street corridor.; Centrally located near restaurants, offices, and shops.; High demand for parking due to limited street and surface lot availability; ideal for parking lot development.
    (260) 487-3699
    Request Owner's contact information
    1921 Calhoun St Fort Wayne, IN 46802
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    Fort Wayne, IN 46802
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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
    1921 Calhoun St Fort Wayne, IN 46802
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