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Investment Highlights

  • Prime Illinois Road Location – Situated along one of Fort Wayne’s busiest commercial corridors
  • High Traffic Counts – ±35,717 vehicles per day providing excellent exposure
  • Surrounding Uses – Located near a strong mix of retail, office, medical, and residential developments
  • Strong Visibility & Access – Approx. 142’ frontage and 470’ depth with easy ingress/egress
  • Flexible Development Potential – Ideal for retail, office, or medical users
  • Excellent Demographics – Supported by a dense and growing customer base

Executive Summary

1.43 Acres available for sale or lease on build to suit

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per AC
Taxes $2,692 $1,883.83
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $2,692
Annual Per AC $1,883.83
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $2,692
Annual Per AC $1,883.83

Property Facts

Price $750,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.43 AC
No. Stories 1
Zoning AR - Low intensity residential

1 Lot Available

Lot

Price $750,000
Price Per AC $524,842.55
Lot Size 1.43 AC

Located on the north side of Illinois Road between Shigs N Pit/Indiana Physical Therapy and Wings Etc.

Description

This 1.43-acre development site presents an excellent opportunity along highly trafficked Illinois Road, one of Fort Wayne’s premier commercial corridors. Offering approximately 142 feet of frontage and a depth of roughly 470 feet, the property provides strong visibility and easy access, making it ideal for a variety of retail, office, or medical users. The site is available for sale or lease, with ownership willing to consider a build-to-suit arrangement to accommodate specific tenant requirements. With a daily traffic count of approximately 35,717 vehicles, the property benefits from consistent exposure to a high volume of potential customers. Surrounded by a strong mix of retail, office, medical, and residential developments, the location is supported by excellent area demographics and an established customer base. A shared access easement with Wings Etc. further enhances site accessibility and convenience, making this a highly attractive development opportunity in a thriving area. Located on the north side of Illinois Road in southwest Fort Wayne, this property sits within a highly active and rapidly expanding commercial corridor. Positioned between Shigs N Pit, Indiana Physical Therapy, and Wings Etc., the site benefits from strong neighboring traffic drivers and a well-established retail and service presence. Illinois Road is one of the area’s busiest thoroughfares, providing excellent visibility and accessibility. The surrounding area continues to experience significant growth, supported by strong residential development and outstanding demographics, making this location ideal for a wide range of commercial uses.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
02-11-02-453-020.000-075
Land Assessment
$75,900 (2025)
Improvements Assessment
$176,100 (2025)
Total Assessment
$252,000 (2025)
Annual Taxes
$2,692
Tax Year
2024 Payable 2025
  • Listing ID: 37520761

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 8416 Illinois Rd, Fort Wayne, IN 46804

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