14743 Leesburg Rd Fort Wayne, IN 46818
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.
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Santel Farms Horse Boarding Stable
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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