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Property profile & analytics
OFF-MARKET
Commercial real estate

5500 Webster St Fort Wayne, IN 46807

Property ID
US31-2499069
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US31-2499069
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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