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Property profile & analytics
OFF-MARKET
Commercial real estate

12309 Coldwater Rd Fort Wayne, IN 46845

Property ID
US31-3495883
Property summary
AI-generated overview

This vacant commercial property, located at 12309 Coldwater Road, Fort Wayne, Indiana 46845, presents a unique investment opportunity. Situated on a one-acre lot (43,560 square feet), this property boasts significant commercial potential due to its high-traffic location. Daily traffic counts in the area reach 15,500 vehicles (south of Union Chapel Road, 2023 data) and 16,900 vehicles (north of Dupont Road, 2003 data). While the basement foundation dates back to 1900, the main and second floors were constructed in 1980. The existing structure features an open floor plan and a 12' x 16' deck. The property's zoning allows for a variety of commercial uses, including retail establishments and even home-based businesses. The asking price for this prime commercial land is $400,000. This is an excellent chance to acquire a well-positioned property in a thriving area of Fort Wayne. The property is currently vacant, offering immediate development possibilities.

Property profile
Verified
Property type Commercial real estate
UPID US31-3495883
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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