6043 Lima RdFort Wayne, IN 46818

Property Details for 6043 Lima Rd

Year built

2002

Construction

TYPE NOT SPECIFIED

Lot size

4.82 AC

Property size (Sq ft)

31,169 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

02-07-15-451-002.000-073

APU

20715451002000073

Description

This exceptional retail property, a former Gander Mountain, offers 31,080 square feet of versatile space available for sale or lease. Located at 6043 Lima Rd, Fort Wayne, IN 46818, this Class B building sits on a 3.81-acre lot and boasts 128 parking spaces. Built in 2002 and renovated in 2018, the single-story structure features 16-foot ceilings, a fully sprinklered system, and gas forced-air heating and air conditioning. The property is zoned SC and has a minimum divisible space of 12,000 square feet, with a maximum contiguous space of 31,080 square feet. Its strategic location in a busy retail corridor off I-69 and the SR-3/Lima Road interchange benefits from high traffic counts, ranging from 16,000 vehicles per day (VPD) on nearby Washington Center Road, 50,000 VPD on SR-3/Lima Road, and 70,000 VPD on I-69. The surrounding area boasts a population exceeding 183,000 within a 5-mile radius, and is anchored by numerous national retailers including Home Depot, Meijer, Lowe's, Starbucks, Burger King, Panda Express, and Chipotle. A 1.25-acre outlot is also available for separate sale. This property presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving retail market. The Allen County location offers easy access to downtown Fort Wayne (four miles away) and is surrounded by numerous hotels.

• CAP approach

  CAP return

  Valuation

  6%

  $8,617,576

  6.5%

  $7,954,686

  7%

  $7,386,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,356,184

  Geo Method

  $1,546,568

• Alternative Use

  Use

  Valuation

  Residential

  $6,710,075

  Hospitality

  $6,146,392

  Educational

  $5,113,726

  Medical

  $5,289,596

  Retail

  $7,954,686

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.1343

Longitude

-85.1644

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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