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Property profile & analytics
FOR SALE
Parking lots & garages

545 E State Blvd Fort Wayne, IN 46805

0.28 ac lot Built 1980
Entity Owned Free & Clear
Property ID
US31-0729558
Property summary
AI-generated overview

This exceptional 0.276-acre commercial lot is ideally situated at 545 E State Blvd in Fort Wayne, Indiana (Allen County, zip code 46805), offering unparalleled visibility and accessibility. Boasting a highly desirable C-3 zoning classification, this property presents a multitude of development opportunities. The lot features an existing curb cut, enhancing convenience and immediate usability. With a daily traffic count of 18,900 vehicles, this location ensures maximum exposure for any business. The property benefits from its proximity to a well-established Mexican restaurant and the Northside High School campus, guaranteeing a consistent flow of potential customers. Further enhancing its appeal, a new gas station and convenience store is under construction just half a block to the east, promising increased foot traffic and synergistic business opportunities. The APN is 02-07-36-160-014.000-074. This is a rare opportunity to acquire a prime commercial parcel in a thriving Fort Wayne location. The asking price is $199,000. Don't miss this chance to secure a valuable asset in a high-traffic area with diverse development potential.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1980
Lot 0.28 ac (12,000 SF)
APN 02-07-36-160-014.000-074
UPID US31-0729558
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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by Request
CAP Approach CAP
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Blend (final) Blend
by Request
Owner & transaction history
Humaidi Group LLC
Humaidi Group LLC
since 2025
3 recorded transactions
2025
Price N/A
2024
Price N/A
2014
$45,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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