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Property profile & analytics
OFF-MARKET
Commercial real estate

2618 Freeman St Fort Wayne, IN 46802

3.7 ac lot
Property ID
US31-3550660
Property summary
AI-generated overview

This exceptional 3.7-acre commercial and industrial land parcel, located at 2618 Freeman Street in Fort Wayne, Indiana (zip code 46802), presents a compelling investment opportunity. Currently zoned R1, with portions exhibiting C2 zoning, this property offers significant rezoning potential to unlock its full commercial and industrial development capabilities. The asking price is $225,000, translating to approximately $60,810.81 per acre. Situated in a thriving Southwest Fort Wayne industrial area, the property's strategic location provides easy access to key transportation routes and a robust workforce. An existing potential office structure is already on the site, adding further value and development possibilities. The Allen County property, APN 02-12-09-380-008.000-074, offers entrepreneurs and developers a chance to capitalize on the area's growth and create a successful venture. This is a rare opportunity to acquire a sizable land parcel in a prime location with considerable upside potential. Serious inquiries are encouraged to explore the possibilities of this unique property.

Property profile
Verified
Property type Commercial real estate
Lot 3.7 ac (161,172 SF)
APN 02-12-09-380-008.000-074
UPID US31-3550660
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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