New Flex Space With Overhead
For Lease
$12 SF/Yr
102-4602 Murvihill Rd, Valparaiso, IN 46383
Industrial flex development offers divisible suites with buildout-ready utility and HVAC provisions.
Space SizeContact for details
Days on Market304
Property Features for 102-4602 Murvihill Rd
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$1,875
Listing Agency:
Century 21 Alliance Group
(219) 405-8596
Listed By:
Nicholas Sommer · License #RB14050981
(219) 405-8596
Source:
Exprealty
Added: Oct 29, 2025
Changed: Aug 21
Last Checked: Aug 26 at 12:44PM
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 Century 21 Alliance Group
Investment Insights
Based on property information with market context.
A new industrial flex facility is under construction at 102-4602 Murvihill Rd in Valparaiso, Indiana. The building contains approximately 21,000 square feet and is designed for division into 16 potential units, including 10 units of 1,230 SF and 6 units of 1,440 SF. Suites may be combined to create larger configurations.
Each unit is planned with 16-foot ceilings, 14-foot overhead doors, white steel finished walls and ceilings, natural gas heating, glass storefront entry doors, and overhead windows. Restroom plumbing will be pre-installed, while electrical service and openings for PTAC heating and air-conditioning units are planned to support future buildout. The property is expected to be available soon.
Each unit is planned with 16-foot ceilings, 14-foot overhead doors, white steel finished walls and ceilings, natural gas heating, glass storefront entry doors, and overhead windows. Restroom plumbing will be pre-installed, while electrical service and openings for PTAC heating and air-conditioning units are planned to support future buildout. The property is expected to be available soon.
Key Highlights
- Approximately 21,000 SF industrial building under construction
- 16 total possible units: 10 at 1,230 SF and 6 at 1,440 SF
- Units can be combined for larger configurations
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Well-served
Demand for This Use
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
Lease Benchmarks for Valparaiso, IN
$14.1 /SF/Yr
Avg Asking Price
$10.97–$17.84 /SF/Yr
Price Range
2,485 SF
Avg Space Size
This space is priced 15% below the average of $14.1 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex development offers divisible suites with buildout-ready utility and HVAC provisions.
Where is this flex space located?
The property is located at 102-4602 Murvihill Rd Valparaiso, IN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Approximately 21,000 SF industrial building under construction; 16 total possible units: 10 at 1,230 SF and 6 at 1,440 SF; Units can be combined for larger configurations
