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: |
11/20/2023 |
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 |
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 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
