7621 Illinois Rd Fort Wayne, IN 46804
- Commercial real estate
- 3.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7621 Illinois Rd
- Lot size
- 3.40 lot acres
- Property type
- Commercial real estate
- APN
- 02-11-12-101-003.000-075
Description
This exceptional 12.4-acre commercial development site in Southwest Fort Wayne, Indiana, presents a remarkable investment opportunity. Located at 7621 Illinois Road (SR 14), this property boasts 270 feet of frontage on a high-traffic corridor with over 26,000 vehicles daily. Its prime location is just half a mile from Interstate 69 exit 305, ensuring excellent accessibility. The site's zoning allows for flexible development, accommodating office, retail, or multi-tenant projects. Adjacent to the Inverness Centre, a thriving 75+ acre mixed-use development featuring medical offices, multifamily residences, and senior living facilities, this property benefits from a strong surrounding community. All utilities are available on-site. The property is comprised of approximately 3.4 acres zoned C2 and roughly 9 acres zoned RP. This build-ready site offers developers and end-users the chance to capitalize on the area's robust demographics and high demand for commercial space. The asking price is $2,238,624. The Allen County APN is 02-11-12-101-003.000-075. This is a truly exceptional opportunity to acquire a premier commercial land parcel in a rapidly growing area of Fort Wayne.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.242012525317
- Latitude
- 41.074397552393
