821 Scott Rd Fort Wayne, IN 46814
- Commercial real estate
- 9.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 821 Scott Rd
- Lot size
- 9.43 lot acres
- Property type
- Commercial real estate
Description
This exceptional 9.43-acre commercial property in Fort Wayne, Indiana, presents a unique investment opportunity. Strategically located on S Scott Road, near the intersection of Illinois and Scott Road, this site boasts high visibility and accessibility. Its prime location is directly across from a Kroger grocery store and adjacent to a CVS pharmacy, ensuring significant foot traffic and brand recognition. Multiple access points to the property are already established. The land currently includes a substantial one-story home with a basement, estimated at 8,500 square feet, and a separate outbuilding estimated at 8,000 square feet. The outbuilding features an apartment with a private entrance and an office/living area above. The property also features a pond. While the existing structures utilize a well and septic system, city utilities are readily available along the property line for future connection. This versatile property offers numerous development possibilities, making it an ideal investment for discerning buyers seeking a high-impact commercial location in a thriving area. The asking price is $1,600,000. This is a rare opportunity to acquire a significant parcel of land in a high-traffic area with existing structures that could be repurposed or removed to accommodate a variety of commercial ventures.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.2736158
- Latitude
- 41.0765018
