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Investment Highlights

  • Excellent site for commercial development
  • Located on a key east-west corridor serving one of the city's fastest growing residential and commercial areas
  • Traffic count on US 24 is 16,374 vehicles per day
  • Convenient access to I-69, West Jefferson Boulevard, and other major southwest thoroughfares

Executive Summary

This 4.6-acre development site offers an exceptional opportunity in southwest Fort Wayne, one of the region’s most desirable and rapidly expanding commercial areas. Positioned at the southwest corner of US 24 and Homestead Road, the property provides strong frontage and visibility along a major commercial corridor. The site’s size and configuration allow for a wide range of potential uses including retail, restaurant, medical office, professional office, or mixed-use development. With excellent access and the ability to accommodate multiple site layouts, the property presents an attractive opportunity for developers or owner-users seeking a highly visible location in a growing market. Located near new and expanding medical and commercial developments, the site is well positioned for future growth and offers the opportunity to serve the surrounding residential communities and the broader southwest Fort Wayne trade area.

Property Facts

Price $3,151,943 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Medical
  • Restaurant
Total Lot Size 4.60 AC
Zoning A-1

1 Lot Available

Lot

Price $3,151,943 CAD
Price Per AC $685,204.98 CAD
Lot Size 4.60 AC

This 4.6-acre development site positioned at the southwest corner of US 24 and Homestead Road offers an exceptional opportunity in southwest Fort Wayne, one of the region’s most desirable and rapidly expanding commercial areas.

Description

The property is strategically located in southwest Fort Wayne at the intersection of Homestead Road and US 24 (West Jefferson Boulevard), a key east-west corridor serving one of the city’s fastest growing residential and commercial areas. The location benefits from traffic counts of approximately 16,374 vehicles per day, providing strong visibility and exposure for future development. he site sits within the Aboite Township growth corridor, surrounded by upscale residential neighborhoods, expanding retail centers, and new medical facilities, including a nearby IU Health Primary Care facility that continues to drive commercial activity in the area. With convenient access to Interstate 69, West Jefferson Boulevard, and other major southwest Fort Wayne thoroughfares, the location offers excellent regional connectivity while serving a dense and affluent residential customer base. This combination of strong demographics, high traffic exposure, and continued area growth makes the property an ideal location for a wide range of commercial development opportunities.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
02-11-33-226-001.000-038
Land Assessment
$138,524 CAD
Improvements Assessment
$219,422 CAD
Total Assessment
$357,946 CAD
  • Listing ID: 36645246

  • Date on Market: 2025-07-08

  • Last Updated:

  • Address: 7334 Homestead Rd, Fort Wayne, IN 46814

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