1102 Chestnut Hills Pkwy Fort Wayne, IN 46814
This exceptional 10.46-acre commercial land parcel, located at 1102 Chestnut Hills Pkwy, Fort Wayne, Indiana (APN: 02-11-04-452-001.000-038), presents a unique development opportunity. Zoned C-1, it's ideally suited for office, medical, or service-based commercial projects. The property boasts an enviable location in southwest Fort Wayne, enjoying high visibility with over 17,000 vehicles passing daily. Situated at the entrance to Chestnut Hills and across from Sycamore Hills golf courses, it benefits from proximity to affluent residential areas with average household incomes exceeding $200,000 and home values over $300,000 within a one-mile radius. All utilities are readily available on-site, including water, sewer, high-speed internet, gas, and cable. A pre-existing stormwater detention basin further enhances the site's development potential. This is a rare opportunity to capitalize on the strong demand for commercial space in this thriving area. The asking price is $1,500,000. This prime location offers unparalleled access and visibility, making it an exceptional investment for discerning developers.
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Dennis Zimmerman - Ameriprise Financial Services, LLC Financial Advisor
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XcelHR - Indiana Business To Business Service Human Resource Consulting
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Logan McDirmit - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
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Priority Life Care Business Management Consultant Assisted Living Facility
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Tracie Luley - Ameriprise Financial Services, LLC Financial Advisor
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.