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Property profile & analytics
OFF-MARKET
Commercial real estate

14743 Leesburg Rd Fort Wayne, IN 46818

17,000 SF 12 ac lot Built 2019
Property ID
US31-0192022
Property summary
AI-generated overview

This exceptional 12-acre equestrian property in Fort Wayne, Indiana, presents a unique investment opportunity. The property boasts a 17,000 square-foot main building, including a state-of-the-art indoor riding arena and deluxe stables, built in 2019. Four separate buildings are situated on the property, all single-story structures with 14-foot ceilings. The property is zoned for agricultural use (Ag) and includes ample storage space and expansive paddocks. The location offers convenient access to I-69, Highway 30, I-469, and the Toll Road, placing it within a short drive of major cities like Chicago, Detroit, Cincinnati, and Kentucky. The property is currently for sale by owner and is available for occupancy September 1, 2024. The asking price is $1,930,000, translating to $113.53 per square foot. Additional acreage may be available, up to a total of 47 acres. This turnkey equestrian center is ideal for an owner/user seeking a profitable and established business in a prime location. The property's natural beauty, including ponds and forest, attracts diverse wildlife. This is a rare opportunity to acquire a well-established equestrian center with significant potential for growth and expansion. The APN is 02-06-18-100-004.000-049.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Total area 17,000 SF
Lot 12 ac (522,720 SF)
APN 02-06-18-100-004.000-049
UPID US31-0192022
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
Current use
Occupant on record · Public records
  • Santel Farms Horse Boarding Stable
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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