Technical
Financial
Distress signals
Property profile

14743 Leesburg Rd Fort Wayne, IN 46818

OFF-MARKET
Specialty properties
Property ID
US31-0192022
17,000 SF 12 ac lot Built 2019
Saved · see the list in your Dashboard

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 Specialty properties
Year built 2019
Total area 17,000 SF
Lot 12 ac (522,720 SF)
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

Current use

Occupant on record · Public records
  • Horse Boarding Stable

Location

14743 Leesburg Rd Fort Wayne, IN 46818
Fort Wayne metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 14743 Leesburg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message