Property profile

2831 Union Chapel Rd Fort Wayne, IN 46845

OFF-MARKET
Specialty properties
814,572 SF 18.7 ac lot
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Property summary

AI-generated overview

This exceptional 18.7-acre commercial land parcel, located at 2831 Union Chapel Road in Fort Wayne, Indiana, presents a significant development opportunity. The property, encompassing a substantial 814,572 square feet, is being offered for sale as a single, non-divisible unit for $5,000,000. Its strategic location directly adjacent to Parkview Regional Medical Center offers unparalleled access to a large and established patient base, making it ideal for a variety of commercial ventures. The property consists of four contiguous lots, providing ample space for large-scale projects. While this listing focuses on the 18.7-acre parcel, it's important to note that adjacent lots are also available for purchase, allowing for potential assemblage and expansion of the development footprint to meet specific project needs. Detailed legal descriptions are available upon request to provide comprehensive information regarding property boundaries and specifications. This is a rare opportunity to acquire a significant commercial land holding in a high-demand area with excellent visibility and proximity to a major medical center. The zip code is 46845-9271, and the property is situated in Allen County. Serious inquiries are encouraged.

Property profile

Verified
Property type Specialty properties
Total area 814,572 SF
Lot 18.7 ac (814,572 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2831 Union Chapel Rd Fort Wayne, IN 46845-9271
Fort Wayne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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