0 Us 27 & Tillman Rd Fort Wayne, IN 46816
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.
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
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.