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    2522 Hillegas Rd Fort Wayne, IN 46808

    Sponsored
    For Sale
    $1,200,000

    2.7-acre commercial land, Fort Wayne, IN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.7-acre commercial land parcel, located at 2522-2618 Hillegas Road in Fort Wayne, Indiana, presents a significant investment opportunity. The property, identified by APN 02-07-33-151-003.000-073, is currently zoned R1. Its strategic location offers high visibility and convenient access, situated just one mile from US Highway 24 and the Centennial Industrial Park. The asking price for this substantial land holding is $1,200,000. While currently zoned R1, the property's size and location suggest strong potential for commercial development with appropriate rezoning. This presents a unique chance to acquire a large parcel in a rapidly developing area. Further details regarding the property's potential and development possibilities are available upon request. The property's address is 2522-2618 Hillegas Road, Fort Wayne, IN 46808, Allen County.

    Property Features for 2522 Hillegas Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre commercial land parcel in Fort Wayne, IN, APN 02‑07‑33‑151‑003.000‑073.
    • High‑visibility location, one mile from US Highway 24 and Centennial Industrial Park.
    • Currently zoned R1, offering strong potential for commercial development.
    • Asking price: $1,200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop 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
    -85.192134402174
    Latitude
    41.09857333141

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    FAQs

    What type of property is this?
    Land - 2.7-acre commercial land, Fort Wayne, IN.
    Where is this land located?
    The property is located at 2522 Hillegas Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 2.7-acre commercial land parcel in Fort Wayne, IN, APN 02-07-33-151-003.000-073.; High-visibility location, one mile from US Highway 24 and Centennial Industrial Park.; Currently zoned R1, offering strong potential for commercial development.
    (260) 421-1910
    Request Owner's contact information
    2522 Hillegas Rd Fort Wayne, IN 46808
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    Fort Wayne, IN 46808
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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
    2522 Hillegas Rd Fort Wayne, IN 46808
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