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    9222 Lima Rd Fort Wayne, IN 46818

    For Sale
    $495,000

    7.4 Acres, $495,000 - Ideal Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.4-acre parcel of land presents a remarkable investment opportunity in the thriving Fort Wayne, Indiana market. Located at 9222 Lima Road, zip code 46818, this property offers significant potential for various development projects. The expansive lot size provides ample space for a wide range of uses, making it an attractive prospect for both residential and commercial ventures. Its strategic location along Lima Road ensures excellent visibility and accessibility, providing convenient access to major transportation routes and local amenities. The asking price of $495,000 represents a competitive value considering the property's size and prime location within Fort Wayne. Detailed site surveys and environmental assessments are readily available upon request, allowing potential buyers to thoroughly evaluate the land's suitability for their specific development plans. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area of Fort Wayne, offering significant long-term investment potential. The property's coordinates are 41.166557 latitude and -85.165031 longitude, facilitating easy location verification and integration into development plans. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Don't miss this chance to secure a valuable asset in a dynamic and expanding market.

    Property Features for 9222 Lima Rd

    General Information

    Property type
    Land
    Lot Size
    322,344 SF

    HighLights

    • 7.4‑acre land parcel in Fort Wayne, IN (46818), located at 9222 Lima Road.
    • Excellent visibility and accessibility due to Lima Road location.
    • $495,000 asking price.
    • Site surveys and environmental assessments available.
    • Coordinates: 41.166557 latitude, -85.165031 longitude.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.165031
    Latitude
    41.166557

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    FAQs

    What type of property is this?
    Land - 7.4 Acres, $495,000 - Ideal Development
    Where is this land located?
    The property is located at 9222 Lima Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 7.4-acre land parcel in Fort Wayne, IN (46818), located at 9222 Lima Road.; Excellent visibility and accessibility due to Lima Road location.; $495,000 asking price.
    Request Owner's contact information
    9222 Lima Rd Fort Wayne, IN 46818
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    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
    9222 Lima Rd Fort Wayne, IN 46818
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