9700 Coverdale Rd Fort Wayne, IN 46809
This exceptional ±57.06-acre parcel of commercial and industrial land presents a compelling investment opportunity in Fort Wayne, Indiana. Strategically located near the Fort Wayne airport, this property boasts convenient access to major interstate highways, ensuring seamless transportation and logistics. Utilities are readily available at or near the site, simplifying development plans. The land is situated within a rapidly expanding industrial corridor, promising significant future development potential. Its size and prime location make it particularly attractive for large-scale projects. The asking price of $1,141,200 is highly competitive and presents a strong value proposition, especially for investors seeking a 1031 exchange opportunity. The seller is motivated, making this a timely investment with considerable upside potential. The property's address is 9700 Coverdale Rd, Fort Wayne, IN 46809, in Allen County. This is a rare chance to acquire a substantial land holding in a thriving area with excellent infrastructure and growth prospects. Don't miss this chance to secure a significant piece of Fort Wayne's burgeoning industrial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.