8021 Durban Dr Fort Wayne, IN 46819-2007
This exceptional 3.57-acre commercial property at 8021 Durban Drive, Fort Wayne, Indiana, presents a unique investment opportunity. The site encompasses a substantial 155,509 square feet and features two existing structures, previously utilized as a public swimming complex. This versatile property is zoned RP, permitting a range of development options, including duplexes or an apartment complex. Its prime location just off Airport Expressway offers excellent visibility and accessibility. The property's history as a community gathering place offers potential for restoration to its original use or repurposing for a new function. The asking price is $119,900, making this a compelling proposition for investors seeking a large-scale project with significant redevelopment potential in a desirable Fort Wayne location. The Allen County address, 46819 zip code, and coordinates (41.011043, -85.1590652) provide precise location details. The property's size and zoning flexibility offer a wide array of development possibilities, catering to diverse investment strategies. This is a rare chance to acquire a substantial parcel of land with existing infrastructure in a rapidly growing area.
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Avalon Summer Sports Club Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.