7722a Aboite Center Rd Fort Wayne, IN 46804
- Land
- 8.34 lot acres
Current Use by Public Records
- Land
Property Details for 7722a Aboite Center Rd
- Lot size
- 8.34 lot acres
- Property type
- Land
Description
This exceptional 8.34-acre commercial and residential land parcel, located at 7722a Aboite Center Road in Fort Wayne, Indiana (zip code 46804), presents a unique investment opportunity. Zoned AR (Low Intensity Residential), the property offers significant potential for diverse development projects, including multifamily housing, senior living facilities, hospitality ventures, destination retail, entertainment complexes, or corporate campuses. Situated in the highly-rated Southwest Allen County School District, this site benefits from strong demographics. The population within a 5-mile radius has grown nearly 10% since 2010, and the median household income for the 46804 zip code is $66,368 – considerably higher than the metro area average. This ensures long-term market stability and affluence. The property enjoys excellent visibility and accessibility via Aboite Center Road (13,000+ vehicles per day), a major traffic artery, and is less than half a mile from Lutheran Hospital, a key economic driver in the area. Its proximity to US 24/West Jefferson Blvd (31,000+ vehicles per day) further enhances its strategic location. Water and sewer services are readily available along Aboite Center Road. This prime location, coupled with its favorable zoning and robust demographics, makes this an ideal site for a variety of development projects. Asking price: $714,000.
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
- -85.244
- Latitude
- 41.0473