Light Industrial Development
For Sale
$440,000
Lot 1 S State Road 49, Valparaiso, IN 46383
Annexed Light Industrial zoned ground with easy access to major highways and strong daily traffic exposure.
Property SizeContact for details
Lot Size1.08 Acres
Days on Market74
Property Features for Lot 1 S State Road 49
General Information
Standard status
Active
Lot size
1.08 Acres
Property subtype
Land
Zoning
INL
Site & Location
Traffic Count
16,891 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$849
Listing Agency:
RE/MAX Lifestyles
(219) 241-8401
Listed By:
Matt Evans · License #RB14034485
(219) 241-8401
Source:
Exprealty
Added: Jun 11
Changed: Aug 21
Last Checked: Aug 22 at 10:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Lifestyles
Investment Insights
Based on property information with market context.
A 1.075 acre (+/-) parcel of development land recently annexed into the City of Valparaiso. The property is zoned Light Industrial (INL) and is offered for sale as Lot 1, providing a flexible site for a range of commercial and industrial-oriented uses. Sale is subject to the buyer’s successful lot approval with the city and the recording of the lot from the surveyor’s legal description.
The location is described as just south of a new high volume Family Express and south of the ALDI Distribution Center, near the Porter County Fairgrounds at Division and Hwy 49. The site also benefits from easy access to major highways 49 and 30. Traffic exposure is supported by a 2025 INDOT traffic count of 16,891 vehicles per day just north of Division Road.
With Light Industrial zoning (INL), the seller describes potential permitted uses that may include heavy retail, light industrial, agricultural services, warehouse, and transportation, among others. The remarks also indicate potential use considerations for office and commercial retail with a limited use permit. The buyer should verify all potential uses with the City of Valparaiso based on the final approved lot configuration.
The location is described as just south of a new high volume Family Express and south of the ALDI Distribution Center, near the Porter County Fairgrounds at Division and Hwy 49. The site also benefits from easy access to major highways 49 and 30. Traffic exposure is supported by a 2025 INDOT traffic count of 16,891 vehicles per day just north of Division Road.
With Light Industrial zoning (INL), the seller describes potential permitted uses that may include heavy retail, light industrial, agricultural services, warehouse, and transportation, among others. The remarks also indicate potential use considerations for office and commercial retail with a limited use permit. The buyer should verify all potential uses with the City of Valparaiso based on the final approved lot configuration.
Key Highlights
- 1.075‑acre development lot recently annexed into the City of Valparaiso
- Zoned Light Industrial (INL)
- Easy access to major highways 49 & 30
Property Analytics
Property Profile
Current Use
Lease Details
16,891 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Annexed Light Industrial zoned ground with easy access to major highways and strong daily traffic exposure.
Where is this industrial land located?
The property is located at Lot 1 S State Road 49 Valparaiso, IN.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1.075‑acre development lot recently annexed into the City of Valparaiso; Zoned Light Industrial (INL); Easy access to major highways 49 & 30
