Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    427 Rolling Meadow Dr Valparaiso, IN 46385

    View on Map
    Sponsored
    For Sale
    $52,000

    LAND - Valparaiso, IN

    Lot size:
    1.22 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 30 at 1:06 pm

    Property Features for 427 Rolling Meadow Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    641206251008000018
    Lot size
    1.22 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Erica Acheson

    Listing Leaders

    Listing agent Erica Acheson

    Listing date Mar 25, 2026

    MLS# 835917

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Valparaiso, Indiana

    This 1.22-acre lot is the sole remaining parcel in Lakewood Hills, located on a tranquil cul-de-sac within Porter Township. The property offers an exceptional canvas for realizing your vision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.149094
    Latitude
    41.429989

    Nearby Similar for Sale

    • $1,000,000
      5,596 SF

      Medical Building in Eastport Center

      Single-story medical building with ample parking and flexible layout.
      2802 Leonard Dr, Valparaiso, IN 46383
      View Details
    • $799,000
      8,054 SF

      Valparaiso Warehouse and Office Space

      8000+ sqft warehouse and office space for sale.
      457 S Campbell St, Valparaiso, IN 46385
      View Details
    • $375,000
      2,300 SF

      Versatile Commercial Facility on Highway

      2,300 SF building ideal for automotive or light industrial businesses.
      431 E Us Highway 6, Valparaiso, IN 46383
      View Details
    • $1,100,000
      10,086 SF

      Valparaiso Mixed-Use Commercial Building

      Multi-tenancy building in downtown Valparaiso with restaurant and office suites.
      13 Lincolnway, Valparaiso, IN 46383
      View Details
    • $349,900
      Pending

      Professional Office Condo For Sale

      Two-story office condo with reception, offices, conference room, kitchenette.
      2601 Chicago St, Valparaiso, IN 46383
      View Details
    • $449,000
      3,200 SF

      Valparaiso Warehouse in Industrial Park

      3200 sqft warehouse space in a convenient industrial park.
      207 Nickle Plate Ave, Valparaiso, IN 46383
      View Details
    • $295,000
      1,600 SF

      Turn-Key Valparaiso Office Condominium

      Professional office condo ideal for owner-occupied service businesses.
      2502 Beech St, Valparaiso, IN 46383
      View Details
    • $449,999
      0.16 Acres

      Valparaiso Mixed-Use Opportunity

      Two-story building near Valparaiso University with mixed-use zoning.
      704 Lincolnway, Valparaiso, IN 46383
      View Details
    • New
      $599,000
      1.30 Acres

      Valparaiso Triplex on Large Lot

      Spacious triplex on 1.3 acres near downtown Valparaiso.
      1802 Evans Ave, Valparaiso, IN 46383
      View Details
    • $1,800,000
      2,364 SF

      Valparaiso Commercial Property For Sale

      Two-lot commercial property in high-traffic Valparaiso location.
      1003 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $2,098,999
      13,608 SF

      Two-Story Commercial Building in Valparaiso

      13,000 SF two-story building with development potential.
      808 Vale Park Rd, Valparaiso, IN 46383
      View Details
    • $349,900
      2,731 SF

      Professional Office Condo For Sale

      Two-story office condo with reception, offices, conference room, kitchenette.
      2601 Chicago St, Valparaiso, IN 46383
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.22-acre lot in a tranquil cul-de-sac.
    Where is this residential land & home lot located?
    The property is located at 427 Rolling Meadow Dr Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $52,000.
    What are key features of this property?
    This property features: - 1.22-acre lot, offering ample space.; - Located in Lakewood Hills.; - Sole remaining lot in the development.
    (219) 308-5804
    Request Owner's contact information
    427 Rolling Meadow Dr Valparaiso, IN 46385
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    427 Rolling Meadow Dr
    Valparaiso, IN 46385
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    427 Rolling Meadow Dr Valparaiso, IN 46385
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Erica Acheson
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!