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    2522 Hillegas Rd Fort Wayne, IN 46808

    Sponsored
    For Sale
    $1,200,000

    2.7-acre site near US-24

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.7-acre commercial land parcel presents a prime investment opportunity in Fort Wayne, Indiana. Located at 2522-2618 Hillegas Road, this property boasts convenient access to major transportation routes, situated just one mile from US Highway 24 and the Centennial Industrial Park. The property is zoned R1, offering a range of potential development options for commercial ventures. Its expansive size provides ample space for various projects, from small-scale businesses to larger-scale developments. The strategic location near US Highway 24 and the Centennial Industrial Park ensures high visibility and easy accessibility for potential customers and employees. This property is ideal for entrepreneurs and investors seeking a well-positioned site to establish or expand their commercial operations within a thriving area of Fort Wayne. The asking price for this significant land parcel is $1,200,000. Detailed information regarding zoning regulations and development possibilities is readily available. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent growth potential. Don't miss out on this chance to secure a valuable asset in a dynamic market.

    Property Features for 2522 Hillegas Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • $1,200,000 asking price.
    • 2.7‑acre commercial land parcel.
    • R1 zoning.
    • Located in Fort Wayne, Indiana, at 2522‑2618 Hillegas Rd, 46808.
    • One mile from US Highway 24 and Centennial Industrial Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1914487
    Latitude
    41.0986043

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    FAQs

    What type of property is this?
    Land - 2.7-acre site near US-24
    Where is this land located?
    The property is located at 2522 Hillegas 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: $1,200,000 asking price.; 2.7-acre commercial land parcel.; R1 zoning.
    Request Owner's contact information
    2522 Hillegas Rd Fort Wayne, IN 46808
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    Fort Wayne, IN 46808
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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
    2522 Hillegas Rd Fort Wayne, IN 46808
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