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    2722 Union Chapel Rd Fort Wayne, IN 46845

    Sponsored
    For Sale
    $1,200,000

    Prime Commercial Land, Fort Wayne, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering in Fort Wayne, Indiana, presents a unique investment opportunity. Located at 2722-2924 Union Chapel Road, this property boasts a total of 3.76 acres zoned A-1, encompassing four individual lots (APN: 02-02-26-326-001.000-057

    Property Features for 2722 Union Chapel Rd

    General Information

    Property type
    Medical offices
    Lot Size
    26,572 SF

    HighLights

    • Lot 2722: 0.61‑acre lot, $240,000.
    • Lot 2766: 0.77‑acre lot, $250,000.
    • Lot 2822: 0.84‑acre lot, $250,000.
    • Lot 2924: 0.73‑acre lot, $180,000.
    • Lots 2722 & 2766 combined: 1.38 acres, $490,000.
    • Lots 2722, 2766 & 2822 combined: 2.22 acres, $740,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Clothing Store Auto Repair Shop Pharmacy Skin Care Clinic Accounting Firm Hotel & Motel HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.10813759
    Latitude
    41.20012476

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    FAQs

    What type of property is this?
    Medical office - Prime Commercial Land, Fort Wayne, IN
    Where is this medical office located?
    The property is located at 2722 Union Chapel Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Lot 2722: 0.61-acre lot, $240,000.; Lot 2766: 0.77-acre lot, $250,000.; Lot 2822: 0.84-acre lot, $250,000.
    Request Owner's contact information
    2722 Union Chapel Rd Fort Wayne, IN 46845
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    Fort Wayne, IN 46845
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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
    2722 Union Chapel Rd Fort Wayne, IN 46845
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