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    9000 Blk Lima Rd Fort Wayne, IN 46818

    For Sale
    $575,000

    High-visibility 0.8-acre lot, ideal for owner-users.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.8-acre commercial land parcel presents a prime investment opportunity in Fort Wayne, Indiana. Located on the highly trafficked six-lane Lima Road (Highway 3), this property boasts ±169 feet of frontage, ensuring maximum visibility and accessibility for any business. The site is conveniently located just one mile from Interstate-69, providing easy access to regional transportation networks. The property is zoned C2 - Limited Commercial, allowing for a variety of commercial uses. Existing infrastructure includes a curb cut and utilities are available at the site. With a high-volume traffic count of 37,766 vehicles per day on Lima Road, this location offers unparalleled exposure to potential customers. The asking price is $575,000, making this an attractive investment for owner-users seeking a strategic location with significant growth potential in a thriving market. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a prime location. Don't miss out on this exceptional opportunity to establish your business in a high-traffic area with excellent visibility and convenient access to major transportation routes.

    Property Features for 9000 Blk Lima Rd

    General Information

    Property type
    Retail properties
    Lot Size
    34,848 SF

    HighLights

    • ±0.8‑acre commercial outlot in Fort Wayne, IN.
    • High visibility and accessibility on six‑lane Lima Road (Highway 3), with ±169 feet of frontage.
    • Curb cut and utilities available.
    • C2 - Limited Commercial zoning.
    • High traffic count: 37,766 vehicles per day on Lima Road.
    • One mile from Interstate‑69.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.165782232878
    Latitude
    41.171262768403

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    FAQs

    What type of property is this?
    Retail property - High-visibility 0.8-acre lot, ideal for owner-users.
    Where is this retail property located?
    The property is located at 9000 Blk Lima Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: ±0.8-acre commercial outlot in Fort Wayne, IN.; High visibility and accessibility on six-lane Lima Road (Highway 3), with ±169 feet of frontage.; Curb cut and utilities available.
    Request Owner's contact information
    9000 Blk Lima Rd 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
    9000 Blk Lima Rd Fort Wayne, IN 46818
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