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Property profile & analytics
OFF-MARKET
Specialty properties

504 Ridgeview Trl Avilla, IN 46710

0.31 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire a 0.31-acre commercial lot in the desirable Meadows of Eley Creek development in Avilla, Indiana. This property, Lot #21, is one of the last four available lots in this established community, offering a unique chance to build a custom commercial structure. Located at 504 Ridgeview Trail, Avilla, IN 46710, this lot benefits from its convenient proximity to Fort Wayne, just a 15-minute drive away. The community boasts a high level of development, with 22 out of 26 lots already built upon by reputable local builders. This ensures a thriving and established neighborhood. Prospective buyers should note that soil boring samples will be required upon submission of the home design for this specific lot. Three additional lots (#6, #22, and #26) are also available for purchase. This presents a rare chance to secure a prime commercial building site in a sought-after location. The asking price for this 0.31-acre parcel is $41,900. Don't miss this chance to establish your business in a thriving community.

Property profile
Verified
Property type Specialty properties
Lot 0.31 ac (13,504 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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