Current Use by Public Records
- Land
Property Details for 0 Us 27 & Tillman Rd
- Lot size
- 2.97 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional development opportunity encompasses two tracts of land totaling 14.96 acres situated at the high-traffic intersection of US 27 and Tillman Road in Fort Wayne, Indiana. Tract 10 comprises 2.97 acres, while Tract 13 offers a substantial 11.99 acres. The property boasts excellent visibility and accessibility, strategically located near major retail anchors including Walmart and Menards. Additional nearby businesses include Domino's Pizza, Fifth Third Bank, Wendy's, and Taco Bell, further enhancing the site's desirability. The Public Safety Academy is situated south of Tract 10. Both tracts are zoned SC - Shopping Center, presenting a unique opportunity for the development of a vibrant retail center. This prime location offers significant potential for a variety of commercial uses, making it an attractive investment for developers seeking high-impact exposure and strong tenant prospects. The asking price for this exceptional development opportunity is $430,373. The property is ideally suited for multifamily development, given its zoning and proximity to established businesses and amenities. This is a rare chance to acquire a large parcel of land in a thriving commercial corridor. The property's size and zoning provide flexibility for a range of development plans.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1225
- Latitude
- 41.0172
