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5050 Value Dr - 5050 Value Drive Outlot 0.87 Acres of Commercial Land Offered at $595,000 in Fort Wayne, IN 46808

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INVESTMENT HIGHLIGHTS

  • Highly visible site
  • Located next to Costco
  • Adjacent to signaled intersection
  • High traffic area
  • Easy access to Interstate 69
  • I-69 - 70, 885 vehicles per day

EXECUTIVE SUMMARY

• Highly visible site
• High traffic area
• Located next to Costco
• Easy access to Interstate 69
• Adjacent to signaled intersection

PROPERTY FACTS

Price $595,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Hospitality
  • Restaurant
Total Lot Size 0.87 AC
Zoning I-2 - Industrial

1 LOT AVAILABLE

Lot

Price $595,000
Price Per AC $683,908.05
Lot Size 0.87 AC

Price Reduced. Was $650,000

DESCRIPTION

Sitting in Costco’s shadow, and next door to LongHorn Steakhouse, this parcel is ideal for retail or a fast-casual restaurant. The site offers great visibility, including 60 feet of frontage on heavily traveled Lima Road/US 27. Just moments from I-69, this is a major corridor to nearby downtown Fort Wayne. Local attractions that are just minutes away include Glenbrook (one of Indiana’s largest indoor malls), the nationally recognized Fort Wayne Children’s Zoo, Science Central, Sky Zone, Memorial Coliseum, and Parkview/SportONE Field & Icehouse. This stretch of road also serves as a car shopping corridor. Within one mile of the center, you’ll find Kelley Chevrolet, Don Ayres Honda, Fort Wayne Nissan, Infiniti of Fort Wayne, Bob Rohrman Subaru, Vorderman Volkswagen, Glenbrook Dodge, Evans Toyota, Bob Thomas Ford, and numerous used car dealers. And within that same general area, you will find nearly 15 hotels serving travelers staying in the ‘‘Summit City’’.

  • Listing ID: 21820540

  • Date on Market: 12/22/2020

  • Last Updated:

  • Address: 5050 Value Dr, Fort Wayne, IN 46808

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