Listed by Sturges Property Group
$2,488,624
Inverness Park Land
Details
APN 02-11-12-101-003.000-075
Property Type Land
Sub Type Commercial, Residential
Acreage 3.4 - 12.4
+/- 12.4 AC | Southwest Fort Wayne, IN
Marketing description
New development opportunity with approximately 270’ frontage on Illinois Road. This site has high traffic counts of over 26,000 VPD and excellent demographics. The site is located less than a half-mile west of I-69. The full 12.4 acres are being offered at $2,488,624, but the owner will subdivide the parcel based on buyer’s needs. All zoning is in place for subdivision.
Investment highlights
+/- 12.4 Acres on Illinois Rd
C2 - 3.4 acres
RP - ~9 acres
Excellent Income & Area Demographics
High Traffic Count
26,000+ Vehicles Per Day
½ Mile from I-69
All Utilities to Site
Great for Freestanding Office/Retail, or Multi-Tenant Development
Listing Contacts
Listed by Sturges Property Group
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
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Brokerage
Title
Is there information that looks off?
