2618 Freeman St Fort Wayne, IN 46802
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.