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    Property profile

    4421 Norarrow Dr Fort Wayne, IN 46845

    OFF-MARKET
    Commercial land
    Property ID
    US31-0262664
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    Property summary

    AI-generated overview

    The property is a commercial development site located on Norarrow Drive in an area between Union Chapel Road and Dupont Road, with direct access to major thoroughfares via the I-69 on and off ramps at Union Chapel and Dupont. It is situated directly across from Parkview Regional Hospital and its medical complex, in a surrounding corridor that includes commercial and medical uses. The site includes drainage and has utilities available. The parcel comprises approximately 3 acres and can be combined with adjacent parcels at 4121 Norarrow Dr. and 4321 Norarrow Dr. (together totaling approximately 10.71 acres), allowing for larger-scale development planning.

    Property profile

    Verified
    Property type Commercial land
    UPID US31-0262664

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    4421 Norarrow Dr Fort Wayne, IN 46845
    Fort Wayne metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • New
      $1,100,000
      2.58 Acres
      Commercial Land with Existing Improvements
      Commercial land offering off-street parking and an existing structure with central air and a basement.
      4031 Norarrow Drive, Fort Wayne, IN 46845
      View Details
    • $599,900
      4.00 Acres
      Commercial Development Land Parcel
      4-acre commercial development parcel across from Parkview Regional Hospital with utilities available and noted on-site drainage.
      4121 Norarrow Drive, Fort Wayne, IN 46845
      View Details
    • Contact for pricing
      2.00 Acres
      Commercial Land with Signalized Corner
      2-acre commercial site on a signalized corner, zoned C-3, with a detention pond easement already in place.
      10633 Dupont Oaks Boulevard, Fort Wayne, IN 46845
      View Details
    • Contact for pricing
      1.81 Acres
      Commercial Land Along Lima Road
      Commercial land with prominent visibility and utilities proximal to the property.
      1901 Hathaway Rd, Fort Wayne, IN 46845
      View Details
    • New
      $1,350,000
      6.14 Acres
      C3 Zoned Commercial Development Land
      6.14-acre parcel with C3 zoning and utilities on site, positioned for retail, dining, multifamily, or a gas station.
      12205 Coldwater Road, Fort Wayne, IN 46845
      View Details
    • Contact for pricing
      0.61 Acres
      Commercial Land at I-69/Union Chapel Interchange
      Commercial land near the I-69 and Union Chapel interchange with access off Union Chapel Road and a paved walking path.
      2722 Union Chapel Rd, Fort Wayne, IN 46845
      View Details

    Similar Nearby for Sale

    • New
      $1,100,000
      2.58 Acres
      Commercial Land with Existing Improvements
      Commercial land offering off-street parking and an existing structure with central air and a basement.
      4031 Norarrow Drive, Fort Wayne, IN 46845
      View Details
    • $599,900
      4.00 Acres
      Commercial Development Land Parcel
      4-acre commercial development parcel across from Parkview Regional Hospital with utilities available and noted on-site drainage.
      4121 Norarrow Drive, Fort Wayne, IN 46845
      View Details
    • Contact for pricing
      2.00 Acres
      Commercial Land with Signalized Corner
      2-acre commercial site on a signalized corner, zoned C-3, with a detention pond easement already in place.
      10633 Dupont Oaks Boulevard, Fort Wayne, IN 46845
      View Details
    • Contact for pricing
      1.81 Acres
      Commercial Land Along Lima Road
      Commercial land with prominent visibility and utilities proximal to the property.
      1901 Hathaway Rd, Fort Wayne, IN 46845
      View Details
    • New
      $1,350,000
      6.14 Acres
      C3 Zoned Commercial Development Land
      6.14-acre parcel with C3 zoning and utilities on site, positioned for retail, dining, multifamily, or a gas station.
      12205 Coldwater Road, Fort Wayne, IN 46845
      View Details
    • Contact for pricing
      0.61 Acres
      Commercial Land at I-69/Union Chapel Interchange
      Commercial land near the I-69 and Union Chapel interchange with access off Union Chapel Road and a paved walking path.
      2722 Union Chapel Rd, Fort Wayne, IN 46845
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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