Listed by Allied Commercial
$395,000
Spy Run Commercial Land
Details
APN 02-07-25-327-002.000-073
Property Type Land
Sub Type Commercial
Acreage 4.530
Zoning C-2
4.53 Acres of Commercial Land on Fort Wayne's High-Traffic North Corridor
Marketing description
This 4.53-acre commercial parcel on Spy Run in Fort Wayne's north corridor offers a rare opportunity to develop in an established and growing retail area. The site sits just off Parnell Ave, which sees more than 15,800 vehicles daily, and puts you 8 minutes from I-69. All utilities are already to site, and the C2 zoning gives you flexibility for a range of commercial uses. With nearly 85,000 people living within three miles and household incomes averaging over $53,000, the demographics support retail, restaurant, or service-oriented development. A developer site plan is available upon request.
Investment highlights
- C2 (Limited Commercial) zoning provides flexibility for retail, restaurant, office, or service-oriented development
- All major utilities extended to site - no off-site infrastructure costs for water, sewer, electric, or gas
- 15,831 daily traffic count on Parnell Ave delivers built-in visibility and customer access
- 84,203 residents within 3 miles with an average household income of $49,629
- 8-minute drive to I-69 connects to Fort Wayne's regional transportation network
- Adjacent to established commercial corridor near Turnstone Center and Allen County War Memorial Coliseum
- Developer site plan available to accelerate your project timeline
- Priced at $87,196 per acre - competitive entry point for north Fort Wayne commercial land
Listing Contacts
Listed by Allied Commercial
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
C2 CommercialRetail CommercialLimited Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 360 uses
View all 360 uses Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
