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Property profile & analytics
OFF-MARKET
Retail space

7722 Aboite Center Rd Fort Wayne, IN 46804

28.32 ac lot
Property ID
US31-3439101
Property summary
AI-generated overview

This exceptional 28.32-acre development site in Fort Wayne, Indiana, presents a unique investment opportunity. Located at 7722 Aboite Center Road (APN 02-11-13-351-013.000-075), this vacant property is zoned AR (Low Intensity Residential) and offers significant potential for various commercial ventures. The site boasts convenient access to a major traffic corridor (Aboite Center Road, with over 13,000 vehicles per day) and is less than half a mile from Lutheran Hospital, a key economic driver in the area. Its proximity to US 24/West Jefferson Blvd (31,000+ VPD) further enhances its accessibility and visibility. The property includes two single-family homes, two barns, and a pole building. The location benefits from strong demographics, including a median household income of $66,368, significantly above the metro area average, and a 10% population increase within a 5-mile radius since 2010. Water and sewer are available along Aboite Center Road. This prime location is ideal for multifamily, senior living, hospitality, retail, entertainment, or corporate campus development. The asking price is $2,012,700. This family-owned property comprises two parcels totaling 28.32 acres, offering substantial development potential in a thriving and affluent community within the award-winning Southwest Allen County School District.

Property profile
Verified
Property type Retail space
Lot 28.32 ac (1,233,619 SF)
APN 02-11-13-351-013.000-075
UPID US31-3439101
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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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