9931 Lima Rd Fort Wayne, IN 46818
This exceptional 3.59-acre commercial land parcel, located at 9931 Lima Road in Fort Wayne, Indiana, presents a unique investment opportunity. Priced at $983,000, this property boasts a substantial 156,380 square feet of land, offering significant development potential. The asking price translates to $6.29 per square foot, reflecting the prime location and high visibility this property enjoys. Situated within a thriving Walmart shopping center, this site benefits from the high traffic volume generated by the surrounding retail establishments. The property's adjacency to Cosmo's Restaurant, along with the presence of other popular fast-food chains such as McDonald's and Arby's, further enhances its desirability and potential for attracting a wide range of businesses. The property's location in Allen County, with a zip code of 46818, provides easy access to major transportation routes and a strong local consumer base. This is an ideal opportunity for developers seeking a high-traffic location with established commercial neighbors in a rapidly growing area of Fort Wayne. The property's size and location make it suitable for a variety of commercial ventures, offering significant long-term investment potential. Detailed site plans and zoning information are available upon request.
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.