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Property profile & analytics
OFF-MARKET
Land

Wayne IN Lima Xing Dr Ft Fort Wayne, IN 46818

1.43 ac lot
Property ID
Property summary
AI-generated overview

This 1.43-acre commercial land parcel, located at Lima Crossing Drive in Fort Wayne, Indiana, presents a unique investment opportunity. Zoned C-3 (General Commercial), this property boasts a prime location along Lima Road (SR 3), experiencing over 24,778 vehicles daily. The southern lighted intersection at Carroll Road sees an additional 9,226 vehicles per day, ensuring high visibility and accessibility for any commercial venture. The surrounding area is experiencing significant growth, with new residential developments featuring homes priced from $200,000 to over $1,000,000. This thriving neighborhood offers a strong customer base for businesses. Existing nearby commercial establishments include Walgreens, CVS, a BP gas station, Farmers & Merchants Bank, and Empowerment Sports Club, indicating a robust and diverse commercial landscape. The property's APN is 02-02-326-01.014-058, and the asking price is $395,000. This is an exceptional opportunity to establish a business in a rapidly developing area of Fort Wayne with limited competition. The property's strategic location and high traffic counts make it ideal for a variety of commercial uses. Allen County's zip code for this location is 46818.

Property profile
Verified
Property type Land
Lot 1.43 ac (62,291 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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