9817 Auburn Rd Fort Wayne, IN 46825
This exceptional 1.04-acre commercial land parcel, located at 9817 Auburn Road in Fort Wayne, Indiana, presents a unique investment opportunity. Boasting 45,738 square feet of space, this property is ideally suited for a variety of commercial ventures, particularly those in the medical or small office complex sectors. Its strategic location offers unparalleled visibility and accessibility. Situated just 125 feet south of the Auburn Road exit off I-469, it enjoys convenient access to major transportation arteries. Furthermore, its proximity to Dupont Hospital and other medical offices creates a synergistic environment for healthcare-related businesses. A thriving dentist office across the street and a new physical therapy building next door further enhance the property's appeal and potential. While a small, currently rented home is situated on the property, it is not suitable for business conversion. The zoning has not yet been altered, allowing for flexibility to meet the needs of the new owner. The asking price is $390,000. Additional land may be available. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area of Fort Wayne. Don't miss out on this chance to establish your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.