11736 Lima Rd Fort Wayne, IN 46818
This exceptional commercial land offering encompasses two adjoining parcels totaling 1.8 acres, strategically located at 11736 Lima Road in Fort Wayne, Indiana. The property boasts a highly desirable location in Perry Township, a densely populated area of Northwest Fort Wayne, just 1.5 miles east of Carroll High School. Its prime frontage on heavily traveled Lima Road ensures exceptional visibility, with a remarkable 31,400 vehicles passing daily (2021 data). The A-1 agricultural zoning allows for a variety of commercial uses, making it ideal for office, medical, or retail development. The parcels, identified by APN numbers 02-02-32-126-003.000-057 and 02-02-32-126-002.000-057, measure approximately 133.81' x 591.58' x 135.51' x 592.39'. The property's proximity to major transportation arteries is another key advantage
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.