8735 Illinois Rd Fort Wayne, IN 46804
- Commercial real estate
- 1,036 SF
- 4.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8735 Illinois Rd
- Year built
- 1960
- Lot size
- 4.88 lot acres
- Property size
- 1,036 SF
- Property type
- Commercial real estate
- APN
- 02-11-11-126-003.000-075
Description
This exceptional 4.88-acre commercial land parcel, located at 8735 Illinois Road in Fort Wayne, Indiana, presents a unique investment opportunity. The property boasts a 1,036 square foot building constructed in 1960, situated on a single story. While the existing structure is present, the significant value lies in the expansive land area and its prime location within a rapidly developing neighborhood. The property is zoned for residential use, offering flexibility for future development plans, subject to necessary approvals. The Allen County address, with zip code 46804, provides easy access to major transportation routes and amenities. The property's APN is 02-11-11-126-003.000-075. This location is ideal for a variety of commercial and retail ventures, capitalizing on the area's impressive growth trajectory. The asking price for this exceptional property is $1,950,000. Serious inquiries are encouraged to explore the potential of this strategically positioned land parcel. Don't miss this chance to secure a foothold in a thriving Fort Wayne market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.257039
- Latitude
- 41.0741509