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Zoned Residential Development Land
For Sale
$99,000

1556 Smoke Road, Valparaiso, IN 46385

Residential-zoned land offering 2.77 acres and options for subdivision or single-home use near town.

Property Size120,661 SF
Lot Size2.77 Acres
Price / SF$0.82
Days on Market349

Property Features for 1556 Smoke Road

General Information

Standard status Active
Size 120,661 SF
Lot size 2.77 Acres
Property subtype Land / Unimproved Land
Zoning Residential

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $448
Listing Agency: Century 21 Circle
Listed By: Erica Guelinas · License #RB14046748
Source: Compass
Added: Sep 13, 2025 Changed: Aug 8 Last Checked: Mar 25 at 1:09PM

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 Circle

Investment Insights

Based on property information with market context.

This offering consists of 2.77 acres of residential land zoned R-1. The site is positioned for buyers seeking either a subdivision concept or the opportunity to develop a single “dream home” in a country setting.

The property is located just south of Route 30, tucked away off Route 2 South on Smoke Road, and across from the University Heights subdivision.

With its R-1 zoning and available acreage, the land provides a straightforward platform for residential development planning in the area near town.

Key Highlights

  • 2.77‑acre residential‑zoned property (Zoned R‑1)
  • Possibilities for sub‑division, or build your dream home
  • Located just south of Route 30, off Route 2 South on Smoke Road

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Catering Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 46385, IN

41,832
Population
16,071
Households
2.6
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
80.7 sq mi
ZIP Area
518
Density / Sq Mi
$97,208
Median Household Income
$50,582
Median Earnings
$1,225
Median Rent
$305,400
Median Home Value
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?
Residential land & home lot - Residential-zoned land offering 2.77 acres and options for subdivision or single-home use near town.
Where is this residential land & home lot located?
The property is located at 1556 Smoke Road Valparaiso, IN.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 2.77‑acre residential‑zoned property (Zoned R‑1); Possibilities for sub‑division, or build your dream home; Located just south of Route 30, off Route 2 South on Smoke Road
More about this property
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