14900 Illinois Rd Fort Wayne, IN 46814
This exceptional 9.71-acre agricultural parcel, located at 14900 Illinois Road in Fort Wayne, Indiana, presents a compelling investment opportunity. Zoned A1-Agricultural (APN: 02-11-06-400.001.000-038), this property boasts approximately 300 feet of frontage on Illinois Road, ensuring high visibility and convenient access. Situated in a rapidly expanding area of Fort Wayne, the land benefits from excellent demographics and is surrounded by a mix of thriving residential and commercial developments. The asking price is $960,000. This makes it an ideal location for various development projects, capitalizing on the area's strong growth trajectory and high demand for land. The property's size and location offer significant potential for future appreciation, making it an attractive investment for both developers and long-term investors seeking a strategic foothold in a dynamic market. Allen County's robust economy and the property's prime location within Fort Wayne's expanding landscape contribute to its exceptional value proposition. This is a rare opportunity to acquire a substantial land parcel in a highly sought-after area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.