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: |
10/30/2018 |
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.
|
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 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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