Prime Retail Outlots on Lima Rd. - Lot 2

Vacant Land for Sale
Catylist Listing ID: 29968351
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.40 Acres
Sale Price: $17 PSF
Total Price: $1,036,728
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/10/2020

Overview / Comments


EXCEPTIONAL LOCATION AND VISIBILITY - The property offers significant frontage along Lima Road, the major retail corridor in northwest Fort Wayne, and is just north of Interstate 69. More than 39,000 cars per day pass the property.

ESTABLISHED RETAIL CORRIDOR - Retailers along the Lima Road corridor include Lowe' s, The Home Depot, Costco, Meijer, Walgreens, CVS and Sam' s Club.

GROWING POPULATION BASE - The Property is located in one of the fastest growing areas of the Fort Wayne MSA. Projected growth over the next 5 years within a 5 mile radius of the Property exceeds both national and state averages.

See brochure for details.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 02-07-15-126-017.000-073
Zoning: C1
Property Located Between: Cook & Lima Roads
Property Visibility: Excellent
Traffic/Vehicle Count: 39,000
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,237 53,029 141,283
Median Age: 39.72 35.4 35.42
Households: 1,746 21,671 56,923


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