514 Washington BlvdFort Wayne, IN 46802
- Land
- 4,772 SF
Property Details for 514 Washington Blvd
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 4,772 SF
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 02-12-01-352-004.000-074
- APU
- 21201352004000074
Description
This exceptional 0.32-acre commercial land parcel is situated at 514 E Washington Blvd in the heart of revitalized downtown Fort Wayne, Indiana (zip code 46802). The property boasts a highly visible location just west of the expanding Indiana Tech campus, ensuring excellent exposure and accessibility. Zoned DE, it offers versatile development potential for multi-tenant residential or commercial projects. Its prime location provides easy walking access to a full range of downtown amenities and offices, making it an attractive proposition for a variety of uses. The lot size is precisely 0.32 acres, with a land value of $578,125 per square foot. The property's address is clearly identified as 514 E Washington Blvd, Allen County, and its location is further confirmed by its APN: 02-12-01-352-004.000-074. Given its size, location, and zoning, this property presents a unique opportunity for investors seeking a high-impact development project in a thriving urban environment. The asking price for this exceptional downtown Fort Wayne property is $185,000. This represents a significant opportunity to capitalize on the ongoing growth and revitalization of this dynamic area.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,027,318
- Hospitality
- $941,018
- Educational
- $782,916
- Medical
- $809,842
- Retail
- $1,217,869
Location Insight
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Latitude
- 41.0781
- Longitude
- -85.1318
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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