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    5526 Coldwater Rd Fort Wayne, IN 46825

    Sponsored
    For Sale
    $475,000

    1.41 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.41-acre commercial land parcel is ideally situated on Coldwater Road in Fort Wayne, Indiana, offering unparalleled visibility and accessibility. The property boasts 180 feet of frontage along this heavily traveled retail corridor, ensuring high volumes of daily vehicle and pedestrian traffic. Its prime location within the heart of the Coldwater retail corridor places it in close proximity to major retailers such as Walmart, Hobby Lobby, Dollar Tree, Regal Cinemas, and numerous popular restaurants, as well as hotels like the Hyatt and Ramada. The C-2 zoning permits a wide range of uses, including retail, restaurant, bank, professional office, or medical office spaces. This presents a unique opportunity for businesses seeking high visibility and a dense customer base. The site is conveniently located just 0.25 miles from the I-69 interchange, providing easy access to major transportation routes. Surrounded by a dense residential area with over 3,000 households within a one-mile radius, this property offers a substantial potential customer pool. All utilities, including electric, gas, and water/sewer, are readily available. The Allen County Assessor's Parcel Number (APN) is 02-07-24-102-013.000-073. The asking price for this remarkable opportunity is $475,000.

    Property Features for 5526 Coldwater Rd

    General Information

    Property type
    Land
    Lot Size
    61,420 SF

    HighLights

    • 1.41‑acre commercial lot in Fort Wayne, IN's Coldwater retail corridor, offering high visibility and traffic volume.
    • 180 feet of frontage on a heavily trafficked road leading to I‑69.
    • Excellent visibility alongside national retailers, ensuring high foot and vehicle traffic.
    • Dense residential area with over 3,000 households within one mile.
    • 0.25 miles from the I‑69 interchange.
    • Adjacent to Walmart, Hobby Lobby, Dollar Tree, Regal Cinemas, Hyatt and Ramada hotels, and numerous restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.135759879817
    Latitude
    41.130103448979

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    FAQs

    What type of property is this?
    Land - 1.41 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 5526 Coldwater Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 1.41-acre commercial lot in Fort Wayne, IN's Coldwater retail corridor, offering high visibility and traffic volume.; 180 feet of frontage on a heavily trafficked road leading to I-69.; Excellent visibility alongside national retailers, ensuring high foot and vehicle traffic.
    (260) 487-3697
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    5526 Coldwater Rd Fort Wayne, IN 46825
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    Fort Wayne, IN 46825
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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
    5526 Coldwater Rd Fort Wayne, IN 46825
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