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    Nwq Of I-469 & Maplecrest Rd Fort Wayne, IN 46835

    For Sale
    $3,714,940

    Prime Commercial Land, Fort Wayne

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 14.55-acre commercial land parcel is strategically located at the Northwest quadrant of I-469 and Maplecrest Road in Fort Wayne, Indiana (APN: 02-08-09-228-001.000-063). Zoned C2/Limited Commercial, this property presents a significant development opportunity. The asking price is $3,714,940, translating to $255,322 per acre. This high-traffic area boasts an impressive daily vehicle count of 60,000 on I-469 and Maplecrest Road, ensuring excellent visibility and accessibility for any commercial venture. The site's proximity to the Villas at Heritage Lakes adds to its appeal, providing a strong residential base for potential customers. Furthermore, a substantial population of 128,306 resides within a 5-mile radius, indicating a large potential market. This makes it an ideal location for a retail outlot or shopping center development. The property's size and location offer significant potential for substantial return on investment. Serious inquiries are encouraged.

    Property Features for 0 Nwq Of I-469 & Maplecrest Rd

    General Information

    Property type
    Land
    Lot Size
    633,798 SF

    HighLights

    • Ideal retail outlot/shopping center location.
    • Across from Villas at Heritage Lakes.
    • 60,000 vehicles per day on I‑469 and Maplecrest Road.
    • 128,306 population within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.0627143
    Latitude
    41.1433833

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Fort Wayne
    Where is this land located?
    The property is located at Nwq Of I-469 & Maplecrest Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $3,714,940.
    What are key features of this property?
    This property features: Ideal retail outlot/shopping center location.; Across from Villas at Heritage Lakes.; 60,000 vehicles per day on I-469 and Maplecrest Road.
    (260) 422-8474
    Request Owner's contact information
    Nwq Of I-469 & Maplecrest Rd Fort Wayne, IN 46835
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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
    Nwq Of I-469 & Maplecrest Rd Fort Wayne, IN 46835
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