9116 Lima Rd, Fort Wayne, IN 46818-1804
This exceptional 2.65-acre commercial land parcel presents a unique investment opportunity in Fort Wayne, Indiana. Located at 9116 Lima Rd, Allen County, this fee-simple property boasts 350 feet of frontage on Lima Road, a major thoroughfare connecting I-69 to Huntertown. The site benefits from high visibility and easy access to I-69, experiencing a daily traffic volume of 36,000 vehicles. Zoned C3, this land is ideal for a variety of commercial uses, including retail, B2B, and industrial developments. The property will be delivered with a new entrance, city water tap, and off-site detention, simplifying the development process. The asking price is $1,600,000. Given its strategic location, high traffic count, and convenient access to major transportation routes, this property represents a compelling investment opportunity for discerning buyers seeking a prime commercial location in a thriving area. The property's existing infrastructure improvements, including the new entrance, water tap, and off-site detention, further enhance its value and appeal. This is a rare chance to acquire a significant commercial land parcel in a high-demand area of Fort Wayne. The zip code is 46818.
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
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Property description
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