Illinois/Hamilton Road

Vacant Land for Sale
Catylist Listing ID: 28247476
Property Subtypes: Retail
Gross Land Area: 34.60 Acres
Sale Price: $7,022,000
Unit Price: $202,947 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Located on a hard corner traffic light along State Road 14 (Illinois Road) and West Hamilton Road. Utilities are available to site with on-site drainage discharge rights, sanitary rights, water rights and gas rights. This area is surrounded with new development of both office, retail, multi-family, attached single family and single family homes, including 8,000 new homes currently under development within a 3 mile radius.

Parcel A consists of 29.6 acres and is priced at $195,000 per acre.

Parcel B consists of 5 acres and is priced at $250,000 per acre.

• 8,000 New Homes Under Construction in Area
• Full traffic light at intersection
• 2009 One-Mile Average Household Income: $147,473

Attachments & Media

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 02-11-05-401-001.000-038
Zoning: C2C
Property Located Between: Illinois
Area Description: This property is located in a prominent intersection within Aboite Township of Allen County, Indiana. Demographics within 1-Mile Average HH income $147,473; within 3-Miles $109, 916 and within 5-miles $98,649. 1 Mile Demographics: Average Household Income $105,356
Lot Frontage: 1132
Development Name: Illinois/Hamilton Road

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,675 23,231 43,029
Median Age: 35.34 38.79 39.48
Households: 1,508 8,450 16,633


Photograph of Listing Agent

Diana L. Parent

SVN | Parke Group ICREX Member
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