1329 State BlvdFort Wayne, IN 46808

  • Land
  • 4,053 SF
For Sale
$550,000 View listing

Property Details for 1329 State Blvd

Year built
1958
Construction
WOOD FRAME
Lot size
0.61 AC
Property size (Sq ft)
4,053 SF
Property type
Land
Property subtype
Commercial land
APN
02-07-34-402-003.000-074
APU
20734402003000074

Description

This exceptional 1.2-acre commercial land parcel, located at 1329 W. State Blvd in Fort Wayne, Indiana, presents a compelling investment opportunity. Zoned C/2 Limited Commercial, this shovel-ready site boasts a prime location adjacent to a Kroger-anchored shopping center, ensuring high visibility and accessibility. With a daily traffic count of 9,744 vehicles, the property offers significant potential for a variety of commercial uses. Utilities including gas, electric, water, and sewer are readily available through established providers. The property's strategic location is further enhanced by a strong demographic profile, with a population of 12,580 within one mile and 166,086 within a five-mile radius. The Allen County parcel, APN 02-07-34-402-003.000-074, is offered at an asking price of $550,000. This represents a rare opportunity to acquire a valuable asset in a thriving commercial area of Fort Wayne. The property's size and location make it ideal for developers seeking to capitalize on a high-traffic, established trade area. Don't miss this chance to secure a piece of Fort Wayne's commercial landscape.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $872,532
    Hospitality
    $799,234
    Educational
    $664,953
    Medical
    $687,822
    Retail
    $1,034,372
1329 State Blvd, Fort Wayne, Indiana

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0957
Longitude
-85.1595
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,165
$80,300
-
$80,300
-
$80,300
-
$80,300

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