Lima Crossing

Vacant Land for Sale
Catylist Listing ID: 30803523
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 1.43 Acres
Sale Price: $395,000
Unit Price: $276,223 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

Prime location along Lima Road (SR 3) with high volumes of daily traffic

Lighted intersection to the South of this site has over 34,000 vehicles travel past daily

Surrounding retail includes Walgreens, CVS, BP Fuel station, Farmers & Merchants, Empowerment Sports Club, as well as numerous high end neighborhoods and luxury homes

Surrounded by new commercial and residential development

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 02-02-326-01.014-058
Zoning: C-3 (GENERAL COMMERCIAL)
Property Visibility: Good
Largest Nearby Street: Lima Road (SR 3)
Feet of Frontage: 248
Traffic/Vehicle Count: 24,778
Area Description: Lima Road, or State Road 3, has over 24,778 vehicles per day. The lighted intersection to the South of the site is Carroll Road where over 9,226 vehicles travel daily. This area of Fort Wayne is busy with new development of homes ranging from the $200,000+ to $1,000,000+ range. This area of the city is prime for any commercial user looking to establish in fast changing part of the city with limited competition.
Zoning Description: General Commercial
Development Name: Lima Crossing

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,066 37,345 81,739
Median Age: 31.78 37.53 35.94
Households: 2,247 14,071 32,329

Contact

Photograph of Listing Agent

Dennis Callison

ICREX Member
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