13024 Illinois Road, Fort Wayne IN

Land for Sale - $7,022,000


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Agent Info

NameDiana L. Parent
CompanySperry Van Ness Parke Group

Property Info

CIMLS #463562
Location13024 Illinois Road
Fort Wayne IN 46814
Last UpdatedJune 13th, 2017
TypeLand
Price$7,022,000

Contact


Property Description

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.

Location 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

Highlights:

>> 8,000 New Homes Under Construction in Area

>> Full traffic light at intersection

>> 2009 One-Mile Average Household Income: $147,473