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Property profile & analytics
OFF-MARKET
Commercial land

4421 Norarrow Dr Fort Wayne, IN 46845

Property ID
US31-0262664
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
UPID US31-0262664
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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