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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4075 Illinois Rd Fort Wayne, IN 46804

20,790 SF 1.65 ac lot Built 1988
Property ID
Property summary
AI-generated overview

Illinois Rd Plaza offers 20,790 square feet of versatile commercial space, ideally suited for boutique retail, personal services, or office uses. This single-story, 1988-built building features 16 suites, with 1,350 square feet currently vacant. Boasting a 9-foot ceiling height, the property sits on a 1.65-acre lot in a high-traffic retail corridor, strategically positioned between the entrances of Apple Glen Shopping Center and Jefferson Pointe Shopping Center, providing excellent visibility and accessibility from Illinois Road. The C2 zoning allows for a variety of commercial uses. The building's prominent corner location ensures high visibility, enhanced by prominent corner lighting. This presents a unique opportunity for businesses seeking a high-traffic location with strong visibility and ample space to grow. The multiple suite configuration offers flexibility for businesses of various sizes, from small startups to established enterprises. The property's location offers easy access for customers and employees alike. This is a prime opportunity to establish a presence in a thriving retail area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1988
Total area 20,790 SF
Lot 1.65 ac (71,874 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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