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    1201-1209 E Lincolnway Valparaiso, IN 46383

    Pending
    For Sale
    $3,489,139

    Unimproved Land - Valparaiso, IN

    Type:Unimproved Land
    Lot size:
    6.83 Acres
    Days on Market:
    304
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1201-1209 E Lincolnway

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    APN
    641019302006000004
    Exterior features
    Corner Lot, Level
    Lot size
    6.83 Acres

    Building Details

    Architectural style
    Other

    NWI Pro Services Inc. dba RE/MAX Lifestyles (219) 241-8401 [email protected]

    Listing agent Matt Evans (219) 462-2121 License #RB14034485

    Listing date Feb 6, 2025

    MLS# 531821 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime In-Fill Land Opportunity

    This 6.83-acre in-fill lot is located at the northeast corner of Lincolnway and Roosevelt, offering extensive frontage on Lincolnway, Roosevelt, and Chicago Streets. Situated at the intersection of two major commercial and commuter corridors in Valparaiso, the property is zoned CG Commercial General, making it suitable for a blend of commercial and residential mixed-use development. The location is just east of the historic downtown business district, in the midtown or uptown area, and north of Valparaiso University. It is positioned on the route to major shopping area centers and Highways 49 and 30 to the east and south. The largest concentration of housing is located to the north of this point. Traffic counts on Lincolnway exceed 12,000 cars per day, and Roosevelt sees over 6,000 cars per day, according to the City of Valparaiso. The property includes two parcels; an additional address is 1209 Lincolnway, APN 64-10-19-302-006.000-004.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.046225
    Latitude
    41.468053

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    FAQs

    What type of property is this?
    Commercial land - 6.83 acre commercial land for sale in Valparaiso, IN.
    Where is this commercial land located?
    The property is located at 1201-1209 E Lincolnway Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $3,489,139.
    What are key features of this property?
    This property features: - Prime 6.83 acre in-fill lot at the high-traffic intersection of Lincolnway & Roosevelt.; - CG Commercial General zoning allows for commercial and residential mixed-use development.; - Located in a growing area just east of the historic downtown business district and north of Valparaiso University.
    (219) 462-2121
    Request Owner's contact information
    1201-1209 E Lincolnway Valparaiso, IN 46383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201-1209 E Lincolnway Valparaiso, IN 46383
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