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Property profile & analytics
OFF-MARKET
Land

1853 Broadway Fort Wayne, IN 46802

1.8 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.8 ac (78,408 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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