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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3500 Illinois Rd Fort Wayne, IN 46802

14.84 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 14.84 ac (646,430 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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