For Sale
$595,000

5050 Value DrFort Wayne, IN 46825

High-traffic, Costco-adjacent lot

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5,040 square foot vacant commercial lot, located at 5050 Value Dr, Fort Wayne, IN 46825, presents a prime retail or hospitality investment opportunity. Boasting 0.87 acres and a highly visible 60-foot frontage on heavily trafficked Lima Road/US 27, this property benefits from its proximity to major thoroughfares, including I-69, ensuring exceptional exposure to a large customer base. The site's strategic location adjacent to a Costco and Long Horn Steakhouse guarantees high foot traffic and brand synergy. The area is further enhanced by its proximity to Glenbrook Mall, Fort Wayne Children's Zoo, and numerous other attractions, creating a vibrant and dynamic environment. The property's I-2 General Industrial zoning allows for a variety of commercial uses. Daily traffic counts on Lima Road/US 27 exceed 51,000 vehicles, while I-69 sees over 70,000 vehicles daily, underscoring the significant potential for business growth. The property's APN is 02-07-22-276-002.000.073. This is a rare opportunity to acquire a highly visible, well-located parcel in a thriving commercial corridor. The asking price is $595,000.

Highlights

  • Highly visible 0.87-acre lot with 60-foot frontage on US 27 (Lima Road).
  • High-traffic location with over 51,000 vehicles daily on US 27 and over 70,000 on I-69.
  • Located next to Costco and LongHorn Steakhouse.
  • Easy access to I-69.
  • Adjacent to a signalized intersection.

Property Details for 5050 Value Dr

Property type
Retail properties, Land
Square Feet
5,040 SF
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.1474763
Longitude
-85.116815
5050 Value Dr, Fort Wayne, Indiana

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5050 Value Dr
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