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    2510 Cumberland Dr Valparaiso, IN 46383

    For Sale
    $570,240

    Unimproved Land - Valparaiso, IN

    Type:Unimproved Land
    Lot size:
    1.99 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 9 at 6:06 am

    Property Features for 2510 Cumberland Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    Tbd
    Lot size
    1.99 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 May 23, 2025

    MLS# 508953 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

    Valparaiso Land with Existing Infrastructure

    Lot 4 off Cumberland Drive is a 1.99-acre parcel featuring existing infrastructure, including on-site utilities and a parking lot. The site benefits from existing entry signage and curb. It is zoned for General Commercial use, accommodating a wide range of commercial retail, restaurant, banking, medical, general commerce, service, grocery, and supermarket businesses. Lot sales are subject to final subdivision and plat approval by the City, and final recording of Declaration of Covenants and Restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.049322
    Latitude
    41.491525

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    FAQs

    What type of property is this?
    Commercial land - 1.99 acre commercial land with utilities and parking lot.
    Where is this commercial land located?
    The property is located at 2510 Cumberland Dr Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $570,240.
    What are key features of this property?
    This property features: - Premium location offers **high visibility and accessibility**.; - General Commercial Zoning allows for a wide range of business types (retail, restaurant, medical, etc.).; - Existing parking lot provides immediate value and reduces construction needs.
    (219) 462-2121
    Request Owner's contact information
    2510 Cumberland Dr 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
    2510 Cumberland Dr Valparaiso, IN 46383
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