5500 Webster St Fort Wayne, IN 46807
This exceptional 9,100 square foot parcel of land, located at 5500 Webster Street in Fort Wayne, Indiana, presents a unique opportunity for development. Currently zoned for single-family residential construction, this property offers significant potential. The land comprises two combined lots within the Belmont subdivision, totaling approximately 0.2089 acres. A key advantage is the readily available water and sewer infrastructure, confirmed by the town. Its prime location offers convenient access to a variety of amenities, including shopping centers and schools within the Fort Wayne Community School District. The property's buildable nature and desirable location make it an attractive investment for those seeking to build a new home or develop a small-scale residential project. The asking price is $26,000. The property's address is 5500 Webster Street, Fort Wayne, IN 46807. This is a rare opportunity to acquire land in a highly sought-after area of Fort Wayne. The property is ready for immediate development, offering a streamlined path to construction. Don't miss this chance to secure this valuable piece of real estate.
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
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.