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    7933 Aboite Center Rd Fort Wayne, IN 46804

    For Sale
    $595,000

    High-potential commercial land, prime location.

    Property size:
    37,897 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.87-acre commercial property, located at 7933 Aboite Center Road in Fort Wayne, Indiana, presents a unique investment opportunity. The property boasts a substantial 37,897 square feet of land and is strategically situated between two commercially zoned areas, offering significant development potential. Its prime location directly across from Lutheran Hospital makes it highly visible and accessible. The existing brick home on the property could be repurposed for various uses, such as a bed and breakfast, while the additional buildings provide ample storage space. This versatile property is ideal for a range of commercial ventures, including retail establishments. The asking price is $595,000. The property's address is 7933 Aboite Center Road, Fort Wayne, IN 46804, situated in Allen County. This is a rare opportunity to acquire a substantial parcel of land in a high-traffic area with excellent visibility and proximity to a major medical facility. The property's size and location make it an attractive prospect for developers and investors seeking a strong return on investment. The existing structures offer immediate utility or potential for redevelopment, adding to the property's overall value and flexibility.

    Property Features for 7933 Aboite Center Rd

    General Information

    Property type
    Land
    Square Feet
    37,897 SF
    Lot Size
    37,897 SF

    HighLights

    • 0.87‑acre commercial lot at 7933 Aboite Center Road, Fort Wayne, IN.
    • 37,897 square feet of land with high visibility across from Lutheran Hospital.
    • Prime location between two commercially zoned areas, offering significant development potential.
    • Existing brick home and additional buildings provide versatile options for repurposing or redevelopment.
    • Asking price: $595,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage 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
    -85.2470597
    Latitude
    41.0448449

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    FAQs

    What type of property is this?
    Land - High-potential commercial land, prime location.
    Where is this land located?
    The property is located at 7933 Aboite Center Rd 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: 0.87-acre commercial lot at 7933 Aboite Center Road, Fort Wayne, IN.; 37,897 square feet of land with high visibility across from Lutheran Hospital.; Prime location between two commercially zoned areas, offering significant development potential.
    Request Owner's contact information
    7933 Aboite Center Rd Fort Wayne, IN 46804
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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
    7933 Aboite Center Rd Fort Wayne, IN 46804
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