2130 Broadway Ave Fort Wayne, IN 46802
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.