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Property profile

13525 Lima Rd Fort Wayne, IN 46818

FOR SALE
Specialty properties
Property ID
US31-0216993
497,891 SF 11.43 ac lot
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Property summary

AI-generated overview

This exceptional 11.43-acre commercial land parcel presents a remarkable opportunity for development in a rapidly expanding area of Fort Wayne, Indiana. Located at 13525 Lima Road, this prime corner lot boasts a total area of 497,891 square feet and features a convenient traffic signal, ensuring high visibility and accessibility for any commercial or retail venture. The property's strategic location within Allen County, zip code 46818, offers significant advantages for businesses seeking a prominent presence in a thriving market. The site comprises three separate parcels, providing flexibility in development plans and potential for multiple uses. This expansive land area is ideal for large-scale projects, offering ample space for construction and ample parking. The asking price for this exceptional property is $2,963,822. Given its size, location, and high-traffic visibility, this property represents a rare and valuable investment opportunity in a dynamic and growing commercial sector. The coordinates are 41.2077812 latitude and -85.1715925 longitude. This is a truly unique opportunity to establish a significant commercial presence in a high-growth area of Fort Wayne.

Property profile

Verified
Property type Specialty properties
Total area 497,891 SF
Lot 11.43 ac (497,891 SF)
UPID US31-0216993

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Location

13525 Lima Rd Fort Wayne, IN 46818
Fort Wayne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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