Current Use by Public Records
- Retail properties & Spaces
Property Details for 3500 Illinois Rd
- Lot size
- 14.84 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 14.84-acre commercial and industrial land parcel in Fort Wayne, Indiana, presents a unique investment opportunity. Located at 3500 Illinois Rd, 46802, this property boasts an ideal location along a major corridor connecting Southwest Fort Wayne to the downtown area, ensuring high visibility and abundant daily traffic exceeding 38,000 vehicles. Zoned I-1 (Light Industrial), the site is ready for immediate development, with all necessary infrastructure already in place. The property features over 1000 feet of frontage on West Jefferson Boulevard and Illinois Road, providing excellent access and exposure. The asking price is $1,400,000, translating to a land value of $7 to $14 per square foot. This prime location is suitable for a wide range of uses, including retail, office, industrial, storage, or multifamily developments. The Allen County property, APN 02-12-04-354-006.000-074, offers significant potential for investors seeking a high-traffic, easily accessible location for their next project. Don't miss this chance to acquire this strategically positioned land parcel in a thriving area of Fort Wayne.
Value Estimations
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AI approach
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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
- -85.1858
- Latitude
- 41.0748
