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    Nec Hwy 49 & Laporte Ave Valparaiso, IN

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    For Lease
    Contact for pricing

    Retail space for lease in Valparaiso's power center.

    Property size:
    1,200 SF
    Lot size:
    28.36 Acres

    Property Features for Nec Hwy 49 & Laporte Ave

    General Information

    Size
    1,200 SF
    Lot size
    28.36 Acres

    Source: Mid-America Real Estate Group Agent Campbell Wickland

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

    Overview

    Valparaiso Retail Development Opportunity

    This retail property is located in Valparaiso's premiere power center, situated just north of the US 30 and Highway 49 interchange. The property offers an opportunity to develop up to 65,000 square feet of retail space in front of Cinemark. The location is just south of The Lakes of Valparaiso, a newly constructed residential development featuring 407 luxury apartments. The property currently has 1,200 square feet of retail space. The tenant mix includes Dick's Sporting Goods, Cinemark, HomeGoods, and Hobby Lobby.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.0611412
    Latitude
    41.4730948

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    FAQs

    What type of property is this?
    Strip mall - Retail space for lease in Valparaiso's power center.
    Where is this strip mall located?
    The property is located at Nec Hwy 49 & Laporte Ave Valparaiso, IN.
    What are key features of this property?
    This property features: - Premiere power center location in Valparaiso.; - Strong performing tenant mix including Dick’s Sporting Goods, Cinemark, HomeGoods, and Hobby Lobby.; - Development opportunity: Up to 65,000 SF of retail space available.
    (630) 954-7300
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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
    Nec Hwy 49 & Laporte Ave Valparaiso, IN
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