4731 Evard Rd Fort Wayne, IN 46835
This exceptional 12.74-acre property, located at 4731 Evard Road in Fort Wayne, Indiana (zip code 46835), presents a unique investment opportunity. Priced at $469,000, this special-purpose land offers incredible potential for various uses. The property features a partially wooded landscape enhanced by two small ponds, providing a tranquil and naturally beautiful setting. Comprising three separate parcels, this land is ideally suited for a custom home build, offering privacy and serenity without the restrictions of a homeowner's association (HOA). The absence of an HOA grants the freedom to select your preferred builder. City utilities are readily available, simplifying the development process. The seller is open to considering the possibility of dividing the property, making it even more accessible to a range of buyers. This location offers convenient access to the amenities of Fort Wayne while maintaining a peaceful, rural atmosphere. The expansive acreage and natural features make this an attractive option for residential developers seeking a prime location for a new project. The possibilities are truly endless, making this a rare and highly desirable investment opportunity in Allen County. The 12 square foot building on the property is a minor structure.
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
Similar Nearby for Sale
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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.