508 Ridgeview Trl, Avilla, IN 46710
This exceptional 0.38-acre commercial lot presents a rare opportunity in the desirable Meadows of Eley Creek development in Avilla, Indiana. Located at 508 Ridgeview Trail, this property (Lot #22) is one of only four remaining lots in this established community, offering a unique chance to build your dream commercial structure. The location boasts convenient access, situated just 15 minutes from Fort Wayne, providing excellent visibility and accessibility for any business. The existing development showcases the high quality of construction in the area, with twenty-two of the twenty-six lots already developed by reputable local builders. This particular lot is ideally suited for a walk-out basement, maximizing usable space and adding significant value to the future construction. Three additional lots (#6, #21, and #26) are also available for purchase. This is an exceptional opportunity to secure a prime commercial building site in a thriving community. The asking price for this 0.38-acre lot is $34,500. Don't miss this chance to establish your business in a highly sought-after location. The property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this incredible opportunity.
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.