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    Tbd Silhavy Rd Valparaiso, IN 46383

    Pending
    For Sale
    $895,000

    Unimproved Land - Valparaiso, IN

    Type:Unimproved Land
    Lot size:
    8.39 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for Tbd Silhavy Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    APN
    641017102001000029
    Exterior features
    Corner Lot
    Lot size
    8.39 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 Sep 29, 2025

    MLS# 826695 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 Development Opportunity

    This 8.39-acre property in Valparaiso, Indiana, presents a development opportunity. Situated off IN Highway 49, at the corners of Vale Park and Silhavy, the location benefits from traffic counts of approximately 11,000 and 26,000 based on 2022 & 2023 INDOT counts on Vale Park & 49 combined. The Vale Park corridor provides access to the northside housing and commerce area off Calumet, passing the post office en route to the high school. The property has access to power, located across the street from a NIPSCO substation. Currently zoned Campus due to current ownership, the property is adjacent to a medical and senior care/rehabilitation facility, making it a potential candidate for a complimentary use rezone. Potential buyers should verify zoning and uses with the City of Valparaiso Planning & Zoning Department.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.026169
    Latitude
    41.492107

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    FAQs

    What type of property is this?
    Land - 8+ acre land parcel for development in Valparaiso, Indiana.
    Where is this land located?
    The property is located at Tbd Silhavy Rd Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime development opportunity on 8+ acres at a key Valparaiso gateway location.; - High traffic count: approx. 11,000 + 26,000 vehicles (2022 & 2023 INDOT) on Vale Park & Highway 49.; - Excellent access to power: Located across the street from a NIPSCO substation.
    (219) 462-2121
    Request Owner's contact information
    Tbd Silhavy Rd Valparaiso, IN 46383
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    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
    Tbd Silhavy Rd Valparaiso, IN 46383
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