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    5807 Creek Blvd Fort Wayne, IN 46818

    Sponsored
    For Sale
    $1,350,000

    4 Acres, I-1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4-acre commercial land parcel in Fort Wayne, Indiana, presents a compelling investment opportunity. Located at 5807 W Creek Blvd, the property boasts 630 feet of frontage along heavily trafficked Washington Center Road, seeing 15,751 vehicles daily. Its I-1 zoning allows for a wide range of development options, making it ideal for retail or professional office space. The site benefits from its prominent location within a thriving retail and professional business sector, anchored by Furniture Row. Further enhancing its appeal are planned expansions to Washington Center Road between Lima Road and Hillegas Road, promising increased accessibility and visibility. This shovel-ready location offers significant potential for developers seeking a high-impact site in a dynamic market. The asking price is $1,350,000. The property is situated in Allen County, Indiana, zip code 46818.

    Property Features for 5807 Creek Blvd

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • Prominent location in a thriving Fort Wayne retail and professional business sector.
    • 630 feet of frontage on heavily trafficked Washington Center Road (15,751 VPD).
    • I‑1 zoning allows for diverse development options, including retail and office.
    • Anchored by Furniture Row.
    • Ideal for retail or office development.
    • Planned Washington Center Road expansion will increase accessibility and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Furniture Row Furniture Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop Nail Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.17223247
    Latitude
    41.1323177

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    FAQs

    What type of property is this?
    Land - 4 Acres, I-1 Zoning, High Visibility
    Where is this land located?
    The property is located at 5807 Creek Blvd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Prominent location in a thriving Fort Wayne retail and professional business sector.; 630 feet of frontage on heavily trafficked Washington Center Road (15,751 VPD).; I-1 zoning allows for diverse development options, including retail and office.
    (260) 755-7816
    Request Owner's contact information
    5807 Creek Blvd Fort Wayne, IN 46818
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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
    5807 Creek Blvd Fort Wayne, IN 46818
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