55 Acres - Retail Land
Vacant Land
for Sale
| Catylist Listing ID: |
29995797 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail
|
| Gross Land Area: |
55.23 Acres
|
| Sale Price: |
$2,475,000 |
| Unit Price: |
$44,812 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/7/2017 |
Overview / Comments
|
This 55+ acre parcel of land is located directly behind Wal-Mart on West Dupont Road. Potential developments could include multi-family, senior housing, hospitality or office. This site would also be perfect for a retail shopping center. Rezoning would be required. Located near very busy commercial intersection of Lima Road and W. Dupont Road. Traffic counts are 43,700 VPD.
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Additional Details
| Nearest MSA: |
Fort Wayne |
| County: |
Allen |
| Taxing Authority: |
Allen Co |
| Tax ID/APN: |
02-07-03-101-001.000-073 |
| Zoning: |
AR (POTENTIAL FOR REZONING) |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Lima Road (6 lanes) |
| Feet of Frontage: |
1,437 |
| Traffic/Vehicle Count: |
43,700 |
| Highway Access: |
I-69 |
| Lot Frontage: |
1437 |
| Lot Depth: |
1690 |
| Zoning Description: |
AR |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,239 |
45,111 |
85,060 |
| Median Age: |
32.27 |
36.89 |
35.65 |
| Households: |
1,374 |
17,203 |
33,741 |
|
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