12309 Coldwater Rd Fort Wayne, IN 46845
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 12309 Coldwater Rd
- Property type
- Commercial real estate
Description
This vacant commercial property, located at 12309 Coldwater Road, Fort Wayne, Indiana 46845, presents a unique investment opportunity. Situated on a one-acre lot (43,560 square feet), this property boasts significant commercial potential due to its high-traffic location. Daily traffic counts in the area reach 15,500 vehicles (south of Union Chapel Road, 2023 data) and 16,900 vehicles (north of Dupont Road, 2003 data). While the basement foundation dates back to 1900, the main and second floors were constructed in 1980. The existing structure features an open floor plan and a 12' x 16' deck. The property's zoning allows for a variety of commercial uses, including retail establishments and even home-based businesses. The asking price for this prime commercial land is $400,000. This is an excellent chance to acquire a well-positioned property in a thriving area of Fort Wayne. The property is currently vacant, offering immediate development possibilities.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.13277412198
- Latitude
- 41.196407140306