You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Commercial real estate

4031 Norarrow Dr Fort Wayne, IN 46845

112,385 SF 2.58 ac lot
Property ID
US31-3324856
Property summary
AI-generated overview

This exceptional 2.58-acre commercial land parcel, located at 4031 Norarrow Drive in Fort Wayne, Indiana, presents a unique investment opportunity. Boasting a substantial 112,385 square feet of potential development space, this property is ideally situated within a rapidly expanding area of Allen County, experiencing significant growth fueled by nearby developments, including the new Parkview Regional Hospital. The property's strategic location offers unparalleled access to key infrastructure and amenities, making it an attractive prospect for a wide range of commercial ventures. The asking price for this prime commercial land is $875,000. Given the current market trends and the ongoing development in the surrounding area, this property represents a compelling investment with significant potential for future appreciation. The property is zoned for commercial use (specific zoning details should be independently verified). This is a rare opportunity to acquire a large parcel of land in a high-growth area of Fort Wayne, offering substantial development potential for discerning investors. The zip code is 46845-9265. The property's coordinates are 41.1919755 latitude and -85.0929353 longitude. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Total area 112,385 SF
Lot 2.58 ac (112,385 SF)
UPID US31-3324856
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message