7500 Anthony BlvdFort Wayne, IN 46816

Property Details for 7500 Anthony Blvd

Year built

1967

Lot size

1.98 AC

Property type

Parking lots & garages

APN

02-12-36-226-008.000-074

APU

21236226008000074

Description

This exceptional commercial land offering presents a unique investment opportunity in Fort Wayne, Indiana. Located at 7500 S. Anthony Blvd., this property boasts an excellent location for retail or office development, benefiting from high visibility on Hwy. 27/Lafayette St., a major thoroughfare with a daily traffic count of 10,900 vehicles. The site features two available outlots, one approximately 0.9 acres and the other approximately 1 acre, with pricing negotiable. Ample parking is available, and the land is largely in a wide-open, near-white box condition, ready for immediate development. The property is zoned SC, making it suitable for a variety of commercial uses. Situated in Allen County, with a Fort Wayne address and 46816 zip code, this location offers easy access to major transportation routes and a thriving local market. The total acreage falls within the range of 0.9 to 1.9 acres. This is an ideal opportunity for businesses seeking a high-traffic, easily accessible location to establish or expand their operations. The property's prime location and flexible zoning make it a highly attractive investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $23,846,044

  6.5%

  $22,011,732

  7%

  $20,439,466

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,291,985

  Geo Method

  $4,279,572

• Alternative Use

  Use

  Valuation

  Residential

  $18,567,720

  Hospitality

  $17,007,932

  Educational

  $14,150,399

  Medical

  $14,637,053

  Retail

  $22,011,732

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.016

Longitude

-85.1149

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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