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    9931 Lima Rd Fort Wayne, IN 46818

    • Specialty properties
    • 3.59 lot acres
    For Sale
    View listing
    $983,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 9931 Lima Rd

    Lot size
    3.59 lot acres
    Property type
    Specialty properties

    Description

    This exceptional 3.59-acre parcel in Allen County, Indiana, presents a unique investment opportunity. Located at 9931 Lima Road in Fort Wayne, this special purpose property boasts an enviable position within a thriving commercial area. The site is directly adjacent to Cosmo's Restaurant, a popular sit-down establishment, and is situated within the Walmart shopping center. This high-traffic location benefits from the significant customer draw of the Walmart and the surrounding restaurants, including McDonald's and Arby's, ensuring high visibility and accessibility. The property's 3.59 acres offer considerable development potential, making it ideal for a variety of commercial ventures. The address is 9931 Lima Road, Fort Wayne, IN 46818. The asking price is $983,000. This prime location and substantial lot size make this an exceptional opportunity for investors seeking a high-return investment in a bustling commercial area. The property is zoned for special purpose use.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.166
    Latitude
    41.1725

    Comparable in this City

    • Value Estimation by Request
      3.59 Acres

      9931 Lima Rd

      Land • 156,380 SF
      9931 Lima Rd, Fort Wayne, IN 46818
      View Details
    • Value Estimation by Request
      2.50 Acres

      Lk Everett Dr

      CHARITABLE ORGANIZATION • 2.50 Acres
      Lk Everett Dr, Fort Wayne, IN 46818
      View Details
    • Value Estimation by Request
      432 SF

      6020 Wallen Rd

      CHARITABLE ORGANIZATION • 432 SF
      6020 Wallen Rd, Fort Wayne, IN 46818-9408
      View Details
    • Value Estimation by Request
      11.43 Acres

      13525 Lima Rd

      Land • 497,891 SF
      13525 Lima Rd, Fort Wayne, IN 46818
      View Details
    • Value Estimation by Request
      8.92 Acres

      Lk Everett Dr

      CHARITABLE ORGANIZATION • 8.92 Acres
      Lk Everett Dr, Fort Wayne, IN 46818
      View Details
    • Value Estimation
      $230,000
      26.59 Acres

      15103 Lima Rd

      CHARITABLE ORGANIZATION • 26.59 Acres
      15103 Lima Rd, Fort Wayne, IN 46818-8937
      View Details

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    9931 Lima Rd
    Fort Wayne, IN 46818
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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