5050 Value Dr Fort Wayne, IN 46825
- Turn key restaurants
- 6,066 SF
- 2.41 lot acres
Current Use by Public Records
- LongHorn Steakhouse / Takeout Restaurant / Traditional American Restaurant
Property Details for 5050 Value Dr
- Year built
- 2014
- Construction
- WOOD
- Lot size
- 2.41 lot acres
- Property size
- 6,066 SF
- Property type
- Turn key restaurants
- APN
- 02-07-22-276-002.000-073
- APU
- 20722276002000073
Description
This exceptional 5,040 square foot vacant commercial lot, located at 5050 Value Dr, Fort Wayne, IN 46825, presents a prime retail or hospitality investment opportunity. Boasting 0.87 acres and a highly visible 60-foot frontage on heavily trafficked Lima Road/US 27, this property benefits from its proximity to major thoroughfares, including I-69, ensuring exceptional exposure to a large customer base. The site's strategic location adjacent to a Costco and Long Horn Steakhouse guarantees high foot traffic and brand synergy. The area is further enhanced by its proximity to Glenbrook Mall, Fort Wayne Children's Zoo, and numerous other attractions, creating a vibrant and dynamic environment. The property's I-2 General Industrial zoning allows for a variety of commercial uses. Daily traffic counts on Lima Road/US 27 exceed 51,000 vehicles, while I-69 sees over 70,000 vehicles daily, underscoring the significant potential for business growth. The property's APN is 02-07-22-276-002.000.073. This is a rare opportunity to acquire a highly visible, well-located parcel in a thriving commercial corridor. The asking price is $595,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1562
- Latitude
- 41.1251
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
