Listing Agency: Allied Commercial

Listed By: Ricky Kerns · License #RB14051295 Show Phone

Source: Crexi

Added: Jun 19, 2024 Changed: Aug 26 Last Checked: Sep 7 at 11:52AM

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Investment Insights

Based on property information with market context.

This 1.8-acre parcel of industrial land features prominent frontage along Broadway. The property is zoned I1 and is adjacent to the new Electric Works Redevelopment. It benefits from good exposure, with visibility to approximately 20,450 vehicles per day. The location is next to a BP station and in close proximity to George’s International Market and McCulloch Park.

Key Highlights

• Adjacent to the new Electric Works Redevelopment
• 1.8 Acres with prominent frontage along Broadway
• Zoned I1

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Florist Pharmacy Carpet & Flooring Store

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

798

Businesses Nearby

Explore this area Business Placement

Demographics for 46802, IN

10,664

Population

5,831

Households

1.8

Avg Household Size

35

Median Age

23%

College-Educated

83%

High-School Grad

4.2 sq mi

ZIP Area

2,539

Density / Sq Mi

$40,903

Median Household Income

$32,172

Median Earnings

$880

Median Rent

$131,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 1.8 acres with frontage on Broadway, near Electric Works.

Where is this industrial land located?

The property is located at 1853 Broadway Fort Wayne, IN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Adjacent to the new Electric Works Redevelopment; 1.8 Acres with prominent frontage along Broadway; Zoned I1