Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1102 Chestnut Hills Pkwy Fort Wayne, IN 46814

    Sponsored
    For Sale
    $1,500,000

    10.46 Acres, Prime Fort Wayne Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.46-acre commercial land parcel, located at 1102 Chestnut Hills Pkwy, Fort Wayne, Indiana (APN: 02-11-04-452-001.000-038), presents a unique development opportunity. Zoned C-1, it's ideally suited for office, medical, or service-based commercial projects. The property boasts an enviable location in southwest Fort Wayne, enjoying high visibility with over 17,000 vehicles passing daily. Situated at the entrance to Chestnut Hills and across from Sycamore Hills golf courses, it benefits from proximity to affluent residential areas with average household incomes exceeding $200,000 and home values over $300,000 within a one-mile radius. All utilities are readily available on-site, including water, sewer, high-speed internet, gas, and cable. A pre-existing stormwater detention basin further enhances the site's development potential. This is a rare opportunity to capitalize on the strong demand for commercial space in this thriving area. The asking price is $1,500,000. This prime location offers unparalleled access and visibility, making it an exceptional investment for discerning developers.

    Property Features for 1102 Chestnut Hills Pkwy

    General Information

    Property type
    Land
    Lot Size
    455,638 SF

    HighLights

    • High‑visibility location on Chestnut Hills Pkwy, Fort Wayne, with over 17,000 vehicles passing daily.
    • C‑1 zoning suitable for office, medical, or service commercial development.
    • All utilities available on‑site: water, sewer, high‑speed internet, gas, and cable.
    • Existing stormwater detention basin on the 10.46‑acre parcel.
    • Affluent demographics: Average household income over $200,000 and home values exceeding $300,000 within one mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dennis Zimmerman - Ameriprise ... Financial Planner XcelHR - Indiana Business To Business Service Logan McDirmit - Financial ... Investment Service Priority Life Care Business Management Consultant Tracie Luley - Ameriprise ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.293586799479
    Latitude
    41.076089586561

    Nearby Similar for Sale

    • $350,000
      Pending

      Versatile Commercial Building in Fort Wayne

      Multi-use commercial building in high-traffic area near downtown Fort Wayne.
      3539 N Clinton St, Fort Wayne, IN 46805
      View Details
    • $580,000
      0.43 Acres

      Unique Stone Castle-Inspired Retail Space

      Distinctive property with high visibility, adaptable layout, and ample parking.
      6623 Sr 930, Fort Wayne, IN 46803
      View Details
    • $305,900
      2,820 SF

      Duplex Near Electric Works

      Duplex with potential for short-term rentals near Electric Works.
      1814 College St, Fort Wayne, IN 46802
      View Details
    • $418,888
      Pending

      Updated Duplex with Income Potential

      Turn-key duplex with AirBnB and long-term rental income.
      5705 Bluebird Ct, Fort Wayne, IN 46835
      View Details
    • $415,000
      5,093 SF

      Fort Wayne Fourplex Investment Opportunity

      Fourplex with three vacant units, business potential, and good income.
      315 Dalman Ave, Fort Wayne, IN 46806
      View Details
    • $330,000
      2,448 SF

      Turnkey Fourplex Near Lakeside Park

      Fully occupied fourplex near Lakeside Park, generating stable monthly income.
      1027 Lake Ave, Fort Wayne, IN 46805
      View Details
    • $539,900
      3,335 SF

      Restored Duplex in Downtown Fort Wayne

      Restored duplex with parking in downtown Fort Wayne, Indiana.
      439 E Wayne St, Fort Wayne, IN 46802
      View Details
    • New
      $137,900
      1,728 SF

      Fort Wayne Bi-Level House

      Bi-level house on a secluded lot within city limits.
      2926 Sprunger Rd, Fort Wayne, IN 46808
      View Details
    • New
      $174,995
      Pending

      Updated Duplex in Fort Wayne

      Updated duplex with five bedrooms, ideal for investors or families.
      1235 Huestis Ave, Fort Wayne, IN 46807
      View Details
    • New
      $319,900
      0.16 Acres

      Updated Mixed-Use Building in Fort Wayne

      Solid, updated building suitable for business, home, or both.
      2402 Broadway Blvd, Fort Wayne, IN 46807
      View Details
    • $128,000
      1,065 SF

      Updated Ranch Home with Garage

      Move-in ready 4-bedroom ranch with updates and spacious garage.
      4423 Bowser Ave, Fort Wayne, IN 46806
      View Details
    • $389,900
      Pending

      New Duplex in Fort Wayne

      Modern duplex with income potential in Fort Wayne, Indiana.
      2180 Barr St, Fort Wayne, IN 46803
      View Details

    FAQs

    What type of property is this?
    Land - 10.46 Acres, Prime Fort Wayne Location
    Where is this land located?
    The property is located at 1102 Chestnut Hills Pkwy 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: High-visibility location on Chestnut Hills Pkwy, Fort Wayne, with over 17,000 vehicles passing daily.; C-1 zoning suitable for office, medical, or service commercial development.; All utilities available on-site: water, sewer, high-speed internet, gas, and cable.
    (260) 487-3699
    Request Owner's contact information
    1102 Chestnut Hills Pkwy Fort Wayne, IN 46814
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1102 Chestnut Hills Pkwy
    Fort Wayne, IN 46814
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1102 Chestnut Hills Pkwy Fort Wayne, IN 46814
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.