New Flex Space With Overhead
For Lease
$12 SF/Yr
106-4602 Murvihill Rd, Valparaiso, IN 46383
Under-construction flex space offers divisible units with loading access, finished interiors, and buildout-ready utility provisions.
Space Size1,230 SF - 21,000 SF
Days on Market304
Property Features for 106-4602 Murvihill Rd
General Information
Standard status
Active
Size
1,230 SF - 21,000 SF
Net Rentable
1,230 SF
Space & Availability
Available Space
1,230-21,000 SF
Contiguous Space
21,000 SF
Divisible
Yes
Space Use
Industrial
Additional Details
Clear Height
16 ft
Taxes and HOA fees
Annual Taxes
$1,875
Building Details
Building Size
21,000 SF
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 20
Last Checked: Aug 26 at 12:53PM
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.
An industrial flex facility under construction will provide approximately 21,000 square feet of space in a multi-unit configuration. The building can be divided into 16 units, including 10 suites of 1,230 SF and 6 suites of 1,440 SF, with the option to combine spaces. Each unit is planned with 16' ceilings, a 14' overhead door, white steel finished walls and ceilings, a glass storefront entry, and overhead windows.
Natural gas heating systems are included, while restroom plumbing and electrical service are pre-plumbed for buildout. Each suite also has an opening prepared for a PTAC heating and air conditioning unit. The property is located at 106-4602 Murvihill Rd in Valparaiso, Indiana, with availability anticipated soon.
Natural gas heating systems are included, while restroom plumbing and electrical service are pre-plumbed for buildout. Each suite also has an opening prepared for a PTAC heating and air conditioning unit. The property is located at 106-4602 Murvihill Rd in Valparaiso, Indiana, with availability anticipated soon.
Key Highlights
- Approximately 21,000 square feet 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
16 ft
Clear height
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Under-construction flex space offers divisible units with loading access, finished interiors, and buildout-ready utility provisions.
Where is this flex space located?
The property is located at 106-4602 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 square feet under construction; 16 total possible units: 10 at 1,230 SF and 6 at 1,440 SF; Units can be combined for larger configurations
