For Sale
$2,500,000

5200 Illinois Rd Fort Wayne, IN 46804

Prime Fort Wayne location, high traffic, versatile

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 31.23-acre parcel, located at 5200 Illinois Road in Fort Wayne, Indiana (APN: 02-12-05-301-001.000-076), presents a unique investment opportunity. Zoned I-2, General Industrial, this property offers 50,000-100,000 square feet of development potential, suitable for a variety of uses including convenience stores, manufacturing, and shopping centers. The property is for sale by owner at $2,500,000 with a NNN lease type and is currently vacant. Its strategic location just off the I-69 North and South on/off ramps ensures high visibility and convenient access, benefiting from approximately 36,000 vehicles per day on Illinois Road. The surrounding area boasts numerous retail, industrial, manufacturing, and distribution businesses, creating a synergistic environment. Proximity to popular retail destinations like Jefferson Pointe and Covington Plaza further enhances its appeal. The property's size and zoning allow for flexibility, with the potential to be divided into four separate sections if needed, catering to various development scenarios. This presents a compelling opportunity for investors seeking a high-traffic, versatile commercial property in a thriving Fort Wayne market.

Highlights

  • High-traffic location just off I-69 North/South on/off ramps.
  • Surrounded by numerous retail, industrial, and distribution businesses.
  • Divisible into up to four separate parcels.
  • Divisible into up to four separate parcels.
  • High visibility on Illinois Road with approximately 36,000 vehicles per day.

Property Details for 5200 Illinois Rd

Property type
Lifestyle centers, Power centers
Square Feet
50,000 SF
Lot Size (sq. ft)
1,360,379 SF

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0768248
Longitude
-85.2093351

FAQs

What type of property is this?
Lifestyle center - Prime Fort Wayne location, high traffic, versatile
Where is the lifestyle center located?
The property is located at 5200 Illinois Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High-traffic location just off I-69 North/South on/off ramps.; Surrounded by numerous retail, industrial, and distribution businesses.; Divisible into up to four separate parcels.
How can I contact the broker?
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5200 Illinois Rd
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