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    1600 Blk Of Windsor Rd Fort Wayne, IN 46825

    For Sale
    $246,767

    1.03-acre lot, high traffic area, $246,767

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.03-acre commercial land parcel presents a unique investment opportunity in Fort Wayne, Indiana. Located at the intersection of Windsor Road and Lima Road, this property boasts significant frontage (approximately 300 feet) on Lima Road and a depth of 149 feet. Currently zoned R1 for residential use, the site offers substantial potential for commercial development, subject to necessary planning department approvals. The property's strategic location on a busy retail corridor ensures high visibility and accessibility, with over 37,000 vehicles passing daily. The wooded lot is level and presents a blank canvas for a variety of commercial uses. The asking price for this prime piece of real estate is $246,767. While currently accessed from Windsor Road, there's a possibility of gaining access from Lima Road, contingent upon securing the necessary planning approvals. The Allen County property, identified by APN 02-07-10-202-001.000-073, is situated in the 1600 block of Windsor Road, Fort Wayne, IN 46825. This location offers unparalleled exposure and presents a compelling opportunity for businesses seeking a high-traffic location. Don't miss this chance to acquire a valuable asset in a thriving commercial area.

    Property Features for 1600 Blk Of Windsor Rd

    General Information

    Property type
    Land
    Lot Size
    44,867 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1640699
    Latitude
    41.1588728

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    FAQs

    What type of property is this?
    Land - 1.03-acre lot, high traffic area, $246,767
    Where is this land located?
    The property is located at 1600 Blk Of Windsor Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $246,767.
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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
    1600 Blk Of Windsor Rd Fort Wayne, IN 46825
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