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: 1/10/2019

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
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

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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


Photograph of Listing Agent

Dave Stemen

BND Commercial, LLC
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