1910 Reed Road

Vacant Land for Sale
Catylist Listing ID: 1953674
Gross Land Area: 9.02 Acres
Sale Price: $495,000
Unit Price: $54,878 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2019

Overview / Comments

Price to be determined . . . make offer.

This location is an ideal site for senior housing or multi-family. It is minutes to shopping, restaurants, Parkview Hospital, Georgetown Shopping Center, and Glenbrook Mall. Property has been approved for 120-unit senior housing community with central clubhouse and common areas of 111,102 SF.

The RP (Planned Residential) zoning classification allows for other residential uses with certain municipality approvals.

Two Parcel Nos.: 02-08-33-302-004.000-072 and 02-08-33-302-005.000-072

Traffic counts are: 23,000 VPD on State east of Reed and 25,000 VPD on State west of Reed; 13,500 VPD on Lake east of Reed and 19,000 VPD on Lake west of Reed; 9,200 VPD on Reed south of State and 9,500 VPD north of State.

For information contact David Norton direct at (260) 421.1906 or dnorton@bndcommercial.com

Attachments & Media

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 02-08-33-302-004.000-072

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,429 90,511 197,450
Median Age: 38.94 34.75 34.37
Households: 4,378 36,247 77,875
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