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Property profile & analytics
OFF-MARKET
Land

0 Carroll Rd Fort Wayne, IN 46818

0.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 60-acre development project in Fort Wayne, Indiana, presents a unique investment opportunity. Located in rapidly growing Huntertown, within Perry Township, this land offers high visibility and accessibility, boasting daily traffic counts exceeding 35,000 vehicles. The property is zoned for proposed C2, allowing for diverse development options, including retail, office, and residential projects. The site is strategically positioned on the Northwest corner of Carroll Road and S.R. 3 (Lima Road). This development is currently underway, with Phase 1 (parcels 1-19) slated for completion in Q2 2024. The total acreage available ranges from 0.72 to 12.85 acres, depending on the parcel selected. The surrounding area is experiencing significant residential growth, with planned subdivisions adding over 1,000 single-family homes and townhomes. Final site plans and specifications will be detailed in the purchase contract. This is an ideal location for investors seeking high-growth potential in a thriving community. The property's address is Carroll Rd, Fort Wayne, IN 46818.

Property profile
Verified
Property type Land
Lot 0.72 ac (31,363 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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