New Flex Space Under
For Lease
$12 SF/Yr
107-4602 Murvihill Rd, Valparaiso, IN 46383
Divisible commercial suites feature overhead loading doors, utility connections, and provisions for future restroom and HVAC installations.
Space SizeContact for details
Days on Market307
Property Features for 107-4602 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 30, 2025
Changed: Aug 31
Last Checked: Aug 31 at 6:16PM
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 building is under construction with approximately 21,000 square feet planned for flexible division. The layout allows up to 16 units, including 10 units of 1,230 square feet and 6 units of 1,440 square feet, with the option to combine spaces.
Each suite is designed with 16-foot ceilings, a 14-foot overhead door, white steel finished walls and ceilings, natural gas heat, glass storefront entry doors, and overhead windows. Units will be pre-plumbed for restroom construction and include electrical service plus an opening for a future PTAC heating and air-conditioning unit. The property is located at 107-4602 Murvihill Rd in Valparaiso, Indiana, with space planned to become available soon.
Each suite is designed with 16-foot ceilings, a 14-foot overhead door, white steel finished walls and ceilings, natural gas heat, glass storefront entry doors, and overhead windows. Units will be pre-plumbed for restroom construction and include electrical service plus an opening for a future PTAC heating and air-conditioning unit. The property is located at 107-4602 Murvihill Rd in Valparaiso, Indiana, with space planned to become available soon.
Key Highlights
- Approximately 21,000‑square‑foot industrial building under construction
- Up to 16 units: 10 at 1,230 SF and 6 at 1,440 SF
- Units can be combined for larger layouts
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
$13.87 /SF/Yr
Avg Asking Price
$10.97–$17.84 /SF/Yr
Price Range
2,404 SF
Avg Space Size
This space is priced 13% below the average of $13.87 /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 - Divisible commercial suites feature overhead loading doors, utility connections, and provisions for future restroom and HVAC installations.
Where is this flex space located?
The property is located at 107-4602 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‑foot industrial building under construction; Up to 16 units: 10 at 1,230 SF and 6 at 1,440 SF; Units can be combined for larger layouts
