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Commercial Land with Office Building
For Sale
$249,500

205 1/2 Nickle Plate Ave, Valparaiso, IN 46383

Two adjacent parcels offer heavy industrial zoning, an office building, and a large fenced area.

Property Size504 SF
Price / SF$495.04
Days on Market92

Property Features for 205 1/2 Nickle Plate Ave

General Information

Standard status Active
Size 504 SF
Property subtype Commercial

Building Details

Year Built 1995
Listing Agency: Double Diamond Real Estate LLC
Listed By: Jennifer Ward · License #471012379
Source: Nwindianahomesearcher
Added: Jun 1 Changed: Aug 29 Last Checked: Aug 30 at 6:10PM

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 Double Diamond Real Estate LLC

Investment Insights

Based on property information with market context.

This 1.57-acre assemblage consists of two adjacent parcels in Valparaiso, with INH Heavy Industrial zoning. The property includes an office building and a large fenced area, providing existing improvements alongside the land component. An additional ranch-style house features a walk-out basement and porch, while a 20x22 pole barn has a new roof.

The property is located .7 miles from historical downtown Valparaiso. The 205 and 205 1/2 Nickle Plate Ave parcels are included in the assemblage, combining industrial land with office, residential, storage, and site improvements.

Key Highlights

  • 1.57‑acre assemblage comprising two adjacent parcels
  • INH Heavy Industrial zoning in Valparaiso
  • Office building with a large fenced area

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,696
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjacent parcels offer heavy industrial zoning, an office building, and a large fenced area.
Where is this commercial land located?
The property is located at 205 1/2 Nickle Plate Ave Valparaiso, IN.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: 1.57‑acre assemblage comprising two adjacent parcels; INH Heavy Industrial zoning in Valparaiso; Office building with a large fenced area
More about this property
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