4075 Illinois Rd Fort Wayne, IN 46804
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.