1853 Broadway Fort Wayne, IN 46802
This exceptional 1.8-acre commercial and industrial land parcel is ideally situated at 1853 Broadway in Fort Wayne, Indiana, (APN: 02-12-11-156-001.000-074, 02-12-11-155-014.000-074, 02-12-11-155-013.000-074, 02-12-11-155-012.000-074) and boasts prominent frontage along Broadway, enjoying high visibility to an estimated 20,450 vehicles per day. The property's I1 zoning offers diverse development opportunities. Its strategic location directly adjoins the Electric Works Redevelopment, a significant and rapidly developing area of Fort Wayne. This prime location also benefits from proximity to a BP gas station, George's International Market, and McCulloch Park, ensuring high traffic and excellent exposure. The asking price for this exceptional property is $1,500,000. This presents a unique investment opportunity in a thriving area of Fort Wayne. Don't miss this chance to acquire a highly visible and strategically located parcel in a rapidly growing neighborhood.
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
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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.