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Retail Land Near Costco
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5050 Value Dr, Fort Wayne, IN 46825

Prime retail land with high visibility and traffic.

Property Size5,040 SF
Price / SF$118.06
Days on Market2080

Property Features for 5050 Value Dr

General Information

Standard status Active
Size 5,040 SF
Property subtype Retail, Land
Zoning I-2 General Industrial
Listing Agency: Bradley Company Fort Wayne
Listed By: Stanley Phillips · License #IN RB14003860
Source: Crexi
Added: Dec 22, 2020 Changed: Aug 22 Last Checked: Sep 1 at 9:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Company Fort Wayne

Investment Insights

Based on property information with market context.

This 5,040-square-foot parcel is located next door to Long Horn Steakhouse and near Costco, making it suitable for retail or a fast-casual restaurant. The site benefits from high visibility, including 60 feet of frontage on Lima Road/US 27, a heavily traveled road. It is located moments from I-69, a major corridor to downtown Fort Wayne. Nearby attractions include Glenbrook, one of Indiana’s largest indoor malls, the Fort Wayne Children’s Zoo, Science Central, Sky Zone, Memorial Coliseum, and Parkview/SportONE Field & Icehouse. This area of Lima Road serves as a car shopping corridor. Within one mile, there are numerous car dealerships, including Kelley Chevrolet, Don Ayres Honda, Fort Wayne Nissan, Infiniti of Fort Wayne, Bob Rohrman Subaru, Vorderman Volkswagen, Glenbrook Dodge, Evans Toyota, and Bob Thomas Ford, along with used car dealers. The area also includes approximately 15 hotels serving travelers.

Key Highlights

  • Excellent visibility with 60 feet of frontage on heavily traveled Lima Road/US 27.
  • Ideal location for retail or a fast‑casual restaurant.
  • Proximity to major transportation artery I‑69, providing easy access to downtown Fort Wayne.

Property Analytics

Current Use

LongHorn Steakhouse Restaurant

Suggested Use

Top Pick Law Firm Pharmacy Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center

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

740
Businesses Nearby

Demographics for 46825, IN

29,062
Population
13,597
Households
2.1
Avg Household Size
38
Median Age
34%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
1,863
Density / Sq Mi
$68,890
Median Household Income
$44,788
Median Earnings
$1,044
Median Rent
$202,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime retail land with high visibility and traffic.
Where is this commercial land located?
The property is located at 5050 Value Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Excellent visibility with **60 feet of frontage on heavily traveled Lima Road/US 27.**; Ideal location for retail or a fast‑casual restaurant.; Proximity to major transportation artery I‑69, providing easy access to downtown Fort Wayne.
(260) 423-4311 Call to check price and availability
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