11329 Coldwater Rd Fort Wayne, IN 46845
Redevelopment Opportunity on 4.11 Acres! Located at 11329 Coldwater Road, Fort Wayne, IN 46845, this residential property is an investor's dream. With its AR/Agricultural Residential zoning, there is incredible potential for development. Sitting on the expansive 4.11-acre lot, the property features a 1,948 square foot 2-story single-family residence and a detached 900 square foot garage. The property boasts an impressive 250 feet of frontage on Coldwater Road, ensuring excellent visibility and accessibility. In addition to its prime location, the property offers significant demographic advantages. Within a 1-mile radius, there is a population of 6,515, and within a 5-mile radius, the population jumps to 89,446. With an average household income of $97,332 within 1 mile and $80,869 within 5 miles, the potential customer base is strong. Priced competitively at $699,000, this is an incredible opportunity for developers and investors alike. Don't miss out on this Redevelopment Opportunity at 11329 Coldwater Road. Contact us today to learn more! - John Adams, CCIM VP of Brokerage Services [email protected] 260.422.8474 x209 www.zacherco.com
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.