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Property profile

9931 Lima Rd Fort Wayne, IN 46818

OFF-MARKET
Specialty properties
156,380 SF 3.59 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Total area 156,380 SF
Lot 3.59 ac (156,380 SF)

Cap rate & NOI

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

Location

9931 Lima Rd Fort Wayne, IN 46818
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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