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Investment Highlights

  • Commercial Potential
  • High Traffic Counts

Executive Summary

Rare frontage. Rare flexibility. Rare price point. This newly reduced Fort Wayne property delivers commercial-grade exposure with over 250 feet of I-69 frontage and nearly 320 feet along Hillegas Road, placing it directly in one of the city’s fastest-moving commercial corridors. Surrounded by established commercial uses, the site offers a unique blend of current residential utility with future commercial upside. Zoned R1 today, but positioned for rezoning, conversion, or creative deployment, this property is ideal for buyers seeking visibility; small-scale operators, home-based businesses, or investors looking for a strategic hold. 75,000+ vehicles per day on I-69, 15,000+ on Hillegas. High-impact exposure for signage, branding, or future commercial use. 1,269 SF residence with recent mechanical updates (2-yr furnace, newer water heater). The existing structure provides immediate functionality for residential living, office, field operations, or interim use while pursuing entitlements. With the recent price reduction, this is one of the most accessible entry points into the I-69-Hillegas corridor, an area where high-visibility sites rarely return to market. Sold as-is.

Property Facts

Price $435,000
Price Per SF $342.79
Sale Type Investment or Owner User
Property Type Specialty
Building Class C
Lot Size 0.81 AC
Building Size 1,269 SF
No. Stories 1
Year Built 1950
Zoning R1 - Although currently zoned R1, its adjacency to established commercial developments highlights strong potential for rezoning.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100

Property Taxes

Property Taxes

Parcel Number
02-07-21-351-006.000-073
Land Assessment
$23,000
Improvements Assessment
$185,000
Total Assessment
$208,000
  • Listing ID: 38576491

  • Date on Market: 11/26/2025

  • Last Updated:

  • Address: 4422 Hillegas Rd, Fort Wayne, IN 46818

Contact the Sale Advisor

4422 Hillegas Rd

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