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Property profile & analytics
OFF-MARKET
Specialty properties

2130 Broadway Ave Fort Wayne, IN 46802

1,586 SF 0.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.13-acre commercial land parcel at 2130 Broadway Avenue in Fort Wayne, Indiana, presents a lucrative investment opportunity. The property boasts 1,586 square feet and is zoned C3, offering significant potential for various commercial ventures. Currently, it's being marketed as part of a larger portfolio that includes adjacent properties, but is available for individual purchase. The asking price is $194,900. While previously associated with a multi-unit residential building, this land is now being offered as a standalone commercial property. Its prime location offers easy access to Electric Works, enhancing its appeal to potential investors. The property's previous use as a six-plex, with four units previously occupied and two vacant, demonstrates its potential for rental income. Note that the previous owner handled utilities and lawn care. This presents a blank canvas for developers or investors seeking a high-return opportunity in a thriving Fort Wayne location. The Allen County address, 2130 Broadway Avenue, Fort Wayne, IN 46802, provides easy access to local amenities and transportation networks. This is a rare chance to acquire a strategically located commercial land parcel with immediate development potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
Total area 1,586 SF
Lot 0.13 ac (5,663 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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