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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
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$2,692
|
$1,883.83
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,692
|
$1,883.83
|
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 | Property Subtype | Commercial |
| Sale Type | Owner User | Total Lot Size | 1.43 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | AR - Low intensity residential | ||
| 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 | Lot Size | 1.43 AC |
| Price Per AC | $524,842.55 |
| 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.
Property Taxes
| Parcel Number | 02-11-02-453-020.000-075 | Total Assessment | $252,000 (2025) |
| Land Assessment | $75,900 (2025) | Annual Taxes | $2,692 |
| Improvements Assessment | $176,100 (2025) | Tax Year | 2024 Payable 2025 |
Property Taxes
Presented by
8416 Illinois Rd
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