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    501 Silhavy Rd Valparaiso, IN 46383

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    For Lease
    $19 SF/Yr ($2,842 /Mo)

    Retail space available in a well-located Valparaiso shopping center.

    Property size:
    1,795 SF
    Lot size:
    2.12 Acres

    Property Features for 501 Silhavy Rd

    General Information

    Size
    1,795 SF
    Lot size
    2.12 Acres

    Source: Commercial In-Sites, LLC Agent David A Lasser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Silhavy Square

    This all-brick retail strip center is suitable for various retail and professional office uses. Suite A102 offers 1,795 square feet of space with interior features including 3 private offices, a conference room, and an open work area. Current tenants include Wings Etc., Edible Arrangements, Edward Jones, Trish Nails and Spas, Transitions Dental, and Glamour Hair Design. The building provides convenient access from both Silhavy Road and Chicago Street. Amenities include an outdoor patio, clock tower, multi-panel monument sign, on-building signage, and ample parking. The property is located at the northwest corner of Silhavy Road and E. Chicago Street, 2 blocks north of S.R. 2/Lincolnway, 1/2 mile west of S.R. 49, and 1 mile north of U.S. Highway 30. It is near Valparaiso Market Place, anchored by Target, Home Depot, American Mattress, Panera Bread, Fashion Bug, Quizno's, Qdoba, Bath and Body Works, Menards, and McDonald's. Porter's Vale, featuring anchors such as Meijer, Dick's Sporting Goods, and Cinemark Theater, is one mile east. Triple net expenses for 2025 are estimated at $8.00/SF.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.027562
    Latitude
    41.473379

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in a well-located Valparaiso shopping center.
    Where is this strip mall located?
    The property is located at 501 Silhavy Rd Valparaiso, IN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the corner of Silhavy Road and E. Chicago Street, near major retailers and highways.; - Attractive all-brick retail strip center suitable for retail or professional office use.; - Suite A102 offers 1,795 SF of space with **3 private offices, a conference room, and an open work area.**
    (219) 795-1100
    Request Owner's contact information
    501 Silhavy Rd Valparaiso, IN 46383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 Silhavy Rd Valparaiso, IN 46383
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