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Property profile & analytics
FOR SALE
Commercial land

2722 Union Chapel Rd Fort Wayne, IN 46845

Property ID
US31-0247182
Property summary
AI-generated overview

Lot 2722 - .61 AC - $240,000 Lot 2766 - .77 AC - $250,000 Lot 2822 - .84 AC - $250,000 Lot 2924 - .73 AC - $180,000 Lots 2722/2766 - 1.38 AC - $490,000 Lots 2722-2822 - 2.22 AC - $740,000 Located in the southwest corner of the I-69 and Union Chapel interchange. This is a prime location for retail, restaurant, or office use. This parcel is located in one of the fastest growing areas in Allen County. The area is highly populated with over 80,000 people within a six-mile radius. Many prime residential developments surround the site. Traffic counts along Union Chapel and I-69 exceed 55,000 VPD. The property borders the northeast corner of the Autumn Ridge Golf Course to the south. Less than a mile from Parkview Regional Medical Center with easy access to Union Chapel Road. A paved walking/hiking path runs along the north side of the land next to Union Chapel Road. Two Union Chapel roundabouts, a short distance to the east and west, negates the right turn only access.

Property profile
Verified
Property type Commercial land
UPID US31-0247182
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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