4421 Norarrow Dr Fort Wayne, IN 46845
Seize this rare opportunity to develop a prime commercial property located in a high-growth area between Union Chapel and Dupont Roads on Norarrow Drive. Directly across from the renowned Parkview Regional Hospital and its expansive medical complex, this property offers unparalleled convenience and visibility. Positioned just moments away from I-69’s on and off ramps at both Union Chapel and Dupont Roads, this location provides easy access to major thoroughfares, making it ideal for commercial or multi-family development. The area is experiencing a surge in commercial and medical expansions, making this property a strategic investment for any development project. With all utilities readily available and excellent drainage on-site, the groundwork is in place for a smooth development process. The property can be sold together with 4121 Norarrow Dr. and 4321 Norarrow Dr., combining for a total of 10.71 acres. Total price is $2,006,900.00 Don’t miss your chance to be part of this rapidly growing commercial hub. Contact us today to explore the potential of this prime development 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.
Costs & Benchmarks
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.