Search
Industrial Flex Warehouse Units
For Lease
$12 SF/Yr

108-4602 Murvihill Rd, Valparaiso, IN 46383

Newly constructed divisible industrial building offers overhead doors, 16' ceilings, and available multi-unit options.

Space SizeContact for details
Property Size1,440 SF
Days on Market279

Property Features for 108-4602 Murvihill Rd

General Information

Standard status Active
Size 1,440 SF

Additional Details

Clear Height 16 ft
Listing Agency: Century 21 Alliance Group
Listed By: Nicholas Sommer · License #RB14050981
Source: Exprealty
Added: Oct 30, 2025 Changed: Jul 22 Last Checked: Jul 31 at 7:18PM

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.

New industrial facility is currently under construction and is expected to be available soon. The property includes an approximately 21,000-square-foot industrial building that can be divided into 10 units of 1,230 SF and 6 units of 1,440 SF, with the option to combine units. Each unit features 16' ceilings, 14' overhead doors, white steel interior finished walls and ceilings, and glass storefront doors with overhead windows.

Additional in-unit improvements include natural gas heating systems and electrical and opening provisions for PTAC heating and air conditioning units for tenant buildout. Units are also pre-plumbed for restroom buildout.

Key Highlights

  • Approximately 21,000 SF new industrial building under construction, divisible for multiple tenants
  • Up to 16 possible units: 10 x 1,230 SF units and 6 x 1,440 SF units (can be combined)
  • Each unit features 16' ceilings and 14' overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

$14.37 /SF/Yr
Avg Asking Price
$10.97–$16.9 /SF/Yr
Price Range
3,177 SF
Avg Space Size

This space is priced 17% below the average of $14.37 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Newly constructed divisible industrial building offers overhead doors, 16' ceilings, and available multi-unit options.
Where is this flex space located?
The property is located at 108-4602 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 new industrial building under construction, divisible for multiple tenants; Up to 16 possible units: 10 x 1,230 SF units and 6 x 1,440 SF units (can be combined); Each unit features 16' ceilings and 14' overhead doors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message