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    Hitzfield Ct Roanoke, IN 46783

    For Sale
    $611,000

    Prime Fort Wayne land, ideal for business development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.4-acre commercial land offering in Fort Wayne, Indiana, presents a unique investment opportunity. The property, located on Hitzfield Court, consists of three separately deeded parcels totaling approximately 9.4 acres (Parcel APNs: 02-16-20-200-002.002.048, 02-16-20-200-002.003.048, and 02-16-20-200-002.004.048), with varying dimensions to suit diverse development plans. Priced at $611,000 ($65,000/acre), the sale price is contingent upon the usable area, as a small portion is designated as wetland. The property is zoned BTI (Business, Technology & Industrial) in Allen County, allowing for a wide range of business ventures. Its strategic location offers significant advantages. Situated adjacent to the Stonebridge Business Park and near the GM Truck plant, it enjoys convenient access to major transportation routes, being only half a mile from I-69, Exit 296. All essential utilities are readily available on-site, simplifying development and ensuring seamless project integration. The property's proximity to established businesses and excellent infrastructure makes it an attractive proposition for investors and developers seeking a prime location in a thriving industrial area. The zip code is 46783.

    Property Features for 0 Hitzfield Ct

    General Information

    Property type
    Land
    Lot Size
    409,464 SF

    HighLights

    • Stonebridge Business Park adjacency.
    • Half‑mile proximity to I‑69, Exit 296.
    • Close to the General Motors Truck Plant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Allen
    State
    Indiana
    Longitude
    -85.3091346
    Latitude
    40.9529368

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      Retail Building in Zanesville, IN

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    FAQs

    What type of property is this?
    Land - Prime Fort Wayne land, ideal for business development.
    Where is this land located?
    The property is located at Hitzfield Ct Roanoke, IN.
    What is the asking price?
    The asking price for this property is $611,000.
    What are key features of this property?
    This property features: Stonebridge Business Park adjacency.; Half-mile proximity to I-69, Exit 296.; Close to the General Motors Truck Plant.
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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
    Hitzfield Ct Roanoke, IN 46783
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