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Valparaiso Land Near University
For Sale
$39,500

857 S Cedar Lane, Valparaiso, IN 46383

LAND - Valparaiso, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market354

Property Features for 857 S Cedar Lane

General Information

Property type Land
Property subtype Other
Subdivision Councils Add
High school Valparaiso High School
Elementary school district Valparaiso
Middle school district Valparaiso
High school district Valparaiso
Directions From Union and Linwood, turn south on Cedar Ln and follow south to the property.
Standard status Active
APN 640925231006000004
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description S80 N465.32 E165 S OF CENTER LINWOOD AVE NE 25-35-6 .303A
Legal Description S80 N465.32 E165 S OF CENTER LINWOOD AVE NE 25-35-6 .303A

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: RE/MAX Lifestyles · RE/MAX International
Listed By: Matt Evans · License #RB14034485
Added: Aug 24, 2025 Changed: May 13 Last Checked: Aug 12 at 11:06AM
MLS# 826699

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.

Investment Insights

Based on property information with market context.

This 0.30-acre city lot features approximately 165 feet of depth and 80 feet of frontage. The property is located across from Valparaiso University and near Industrial Revolution, with convenient access to downtown Valparaiso. The buyer is responsible for any required surveys, permits, and soil tests. The buyer must verify the availability and connection costs for utilities, including sewer, water, gas, electric, and internet/cable. According to VCU, sewer hookup will likely require a grinder pump pressure lift system through the right-of-way along Cedar to the main line at the Mound Street & Linwood intersection.

Key Highlights

  • Large .30 Acre City Lot
  • Prime Location Across from Valparaiso University
  • Close Proximity to Downtown Valparaiso

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Storage Facility HVAC Service Big Box & Wholesale Store Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 0.30-acre city lot near Valparaiso University and downtown.
Where is this land located?
The property is located at 857 S Cedar Lane Valparaiso, IN.
What is the asking price?
The asking price for this property is $39,500.
What are key features of this property?
This property features: Large .30 Acre City Lot; Prime Location Across from Valparaiso University; Close Proximity to Downtown Valparaiso
More about this property
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