3800 Dupont Rd Fort Wayne, IN 46825
- Parking lots & garages
- 0.67 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 3800 Dupont Rd
- Year built
- 2006
- Lot size
- 0.67 lot acres
- Property type
- Parking lots & garages
- APN
- 02-08-05-100-012.000-072
- APU
- 20805100012000072
Description
This exceptional 0.67-acre commercial land parcel presents a unique investment opportunity in a rapidly developing area of North Fort Wayne, Indiana. Located at 3800 E. Dupont Rd., Fort Wayne, IN 46825 (APN: 02-08-05-100-012.000-072), this property boasts a highly desirable C3, General Commercial zoning designation. The site enjoys exceptional visibility and accessibility, with convenient proximity to I-69 (Exit 6 316), significantly enhancing its commercial potential. The surrounding area is thriving, featuring established businesses such as Arby's, Taco Bell, AMC Classic (Carmike) Theatre, Culver's, Lassus, and Mike's Car Wash, ensuring high traffic volume and strong consumer presence. Furthermore, the property benefits from parking easement rights for 35 spaces within the adjacent Carmike parking lot, providing ample parking for future development. This strategic location offers easy access to Parkview Regional Medical Center and Dupont Hospital, along with a variety of shopping, banking, dining, and residential areas, creating a robust and diverse market. This is an ideal site for a wide range of commercial ventures, capitalizing on the area's growth and established infrastructure. The asking price for this prime commercial land is $408,592. Don't miss this chance to secure a foothold in a flourishing Fort Wayne neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $270,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $305,000
- Mixed-Use
- $290,000
- Hospitality
- $295,000
- Educational
- $250,000
- Residential Income
- $230,000
- Energy
- $230,000
- Income-Based Land
- $270,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.0957
- Latitude
- 41.1784
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA