2402 S Maplecrest Rd Fort Wayne, IN 46803
Introducing an exceptional opportunity at 2402 S. Maple crest Rd., Fort Wayne, IN. This expansive property, zoned R3/Multiple Family Residential, boasts prime frontage on SR 930 and Maple crest Rd., offering excellent accessibility. The site features high traffic counts (US 930 - 27,000 VPD & Maple crest Rd - 7,900 VPD) and is strategically located near retail and industrial users. With a sale price of $650,000 ($186,246/acre), this parcel presents a compelling opportunity for prospective Land/Multifamily seeking a promising addition to their portfolio. The Southeast market in Fort Wayne, IN, offers an appealing opportunity for land and multifamily investors. The area's excellent location provides convenient access to key amenities, including shopping centers, restaurants, and recreational facilities. Nearby, the attractive and well-connected neighborhoods of Southwick and Maplewood Park create a desirable residential environment, making it an ideal setting for multifamily developments. The Southeast market benefits from its proximity to major transportation routes, providing easy access to downtown Fort Wayne and various employment centers. With its blend of commercial and residential amenities, combined with accessibility and desirability, the Southeast market presents an ideal opportunity for land and multifamily investors seeking a dynamic and well-connected location for their ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.