11231-11305 Coldwater Rd Fort Wayne, IN 46845
This exceptional 7.76-acre commercial land parcel in Fort Wayne, Indiana, presents a remarkable investment opportunity. Located at 11231-11305 Coldwater Rd, 46845, Allen County, this property boasts an enviable position along the high-traffic Coldwater Road retail corridor, between Dupont Road and Union Chapel Road. The site benefits from over 425 feet of frontage on Coldwater Road, ensuring excellent visibility for any development. The property's zoning is C-1 & AR, permitting a variety of uses. Its strategic location offers easy access to I-69 and S.R. 3, placing it within reach of a large consumer base. The surrounding area is densely populated, with over 4,611 residences within a one-mile radius. This high-demand area is anchored by major retailers such as Kroger, Walgreens, and CVS, along with numerous local restaurants, boutiques, and professional offices. The site's adjacency to two office parks and the Pine Valley Country Club further enhances its appeal. Utilities are readily available adjacent to the property. The parcel's size and location make it ideally suited for multifamily, office, or medical office development, promising significant returns for the discerning investor. The asking price is $789,000. APN: 02-02-33-278-015.000-091, 02-02-33-278-016.000-091, 02-02-33-278-017.001-091.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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